Description of Loan:

An experienced developer with a proven track record with LendSwift. The developer requested funds to completely refurbish a 4 bedroom property, to create a 4 bedroom HMO.

The Solution:

Finance provided to completely refurbish the property creating a 4 bedroom HMO.

Loan Amount:

Gross loan £126,000.

LTV:

70%

LTVGDV:

54.78%

Interest Rate:

1.1%

Loan Term:

12 Months

The Outcome:

Funds provided to allow the complete refurbished of the property creating a 4 bedroom HMO property.