A property investment business secured finance to raise capital for further investment. The finance was for a commercial unit on which there was only 2-years remaining on the lease.
• 2-years remaining on the current lease
• Current portfolio of over 50 properties
• Commercial property based in Well-next-the Sea
Thanks to the Bank’s flexible, common-sense approach to underwriting we were able to review the customer’s previous investment track record. We also noticed that the property was in an excellent location with strong rental yields which is why we were happy to provide the customer with an offer of finance, allowing them to make a successful purchase of the property even though there was a short-term lease in place.
To find out more about our property finance, please contact our relationship management team.