Case details:
- UK Limited Company
- House in Stafford
- 40% LTV total lending
- 1 year term
- £585,000 property value
- 116 day completion
We recently completed on a bridge refinance for a UK Limited company with a property in Stafford.
Providing a cheaper alternative to the current lender, RAW were happy to lend knowing that the exit strategy for the loan would be the sale of the property, with the benefit of planning permission.
Part way through the process an increase to the facility was agreed upon, and cleanly slotted into the legal process. Consider RAW for your next fixed-rate bridge loan from rates of 0.67% pcm.