Salford City

Case details:

  • Turkish national and resident
  • new build apartment in Salford
  • 45% LTV total lending
  • 7-year term
  • £225,000 property value
  • 32-day completion

Unlike a number of other lenders, RAW’s minimum loan is just £50,000. This allows us to help more borrowers with their lending requirements.

We recently completed on a £100k loan to a Turkish national and resident secured against a new build apartment in Salford.

The client was self-employed but had accumulated significant cash reserves which made this a sensible case to lend against. With a comfortable 1-month completion turnaround, this was a straightforward case for RAW.