Surrey – £615k

Gross Loan

£615,000

Loan Type

Refurbishment

Term

12 months

LTGDV/LTV

70%

Annual Rate

7.00%

Monthly Rate

0.58%

We have recently completed a £615k loan to assist a borrower with the purchase and refurbishment of a detached 2xbedroom bungalow in Cobham, Surrey, an affluent area within the Elmbridge Borough.

The Borrower plans to renovate the property to a high standard, reconfigure the layout, and add an extra bedroom, converting it into a three-bedroom home. The Borrower intends to sell the Property post refurb on the open market and demand should be good given the scarcity of newly refurbed detached Properties in the area.

YOU MAY ALSO LIKE TO VIEW

Development
Development
Bridging