Croydon
We financed the purchase of a mid terrace house and all the subsequent development costs to turn it into a 6 bedroom HMO. This purchase was time critical as Croydon council were about to introduce an article 4 directive making the development of HMOs much more difficult.
Tooting
Our Client wanted to raise a seven figure deposit for a new purchase by raising finance against a mixed use property in his existing portfolio. Time was of the essence and we turned the deal around quickly to enable the client to make one of the biggest purchases of his career.
Wallington
We financed the purchase of a semi detached house in poor condition and then financed 100% of the development costs to extend it into the loft, build a double storey side extension and a rear extension to double its size. The borrower has achieved planning for an HMO with 9 en-suite bedrooms and has successfully sold it on with a very healthy profit.