Thornton Heath: High-End Converted Flats

Area | Thornton Heath |
Value | £900,000.00 |
Amount | £585,000.00 |
LTV | 65% |
Loan Term | 12 Months |
These newly built impressive flats were brought to us by a client to obtain a bridge for him to refinance a first mortgage on the property in order to transfer the asset to a subsidiary company and ultimately exit via a Buy to Let mortgage. We lent £585,00.00, 65% of the aggregate value of the property on a first charge basis for a twelve-month term.