Kent £1.1m

Refurbishment

Gross Loan

£1.1m

Loan Type

Refurbishment

Term

15 months

LTGDV/LTV

62.7%

Annual Rate

6.5%

Monthly Rate

0.542%

This conversion scheme compromises of a multi-storey detatched dewlling, benefitting from a planning consent to be converted and extended to form 8 self-contained flats. The property is a 10-minute walk to Tonbridge station which provides a 35-minute train journey into London Bridge. Located just off of the picturesque Tonbridge High Street and within walking distance of local landmarks such as the River Medway and Tonbridge Castle.

“Working with Avamore is always a pleasure. They have a pragmatic approach to lending. All deals come with bumps and bruises, but instead of criticising and pointing out the potential issues, the experienced team at Avamore come up with creative solutions to mitigate the risk and overcome any obstacles. They have a proactive approach to supporting deals which makes the process from start to finish a joy to work with. By holding credit committees pretty much everyday means they can make quick and conclusive decisions which is what you want from a brokers point of view. “

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