Camberwell: Auction Purchase
Area | Camberwell Rd, London |
Value | £240,000.00 |
Amount | £168,000.00 |
LTV | 70% |
Loan Term | 12 Months |
This long leasehold flat was purchased at auction by an experienced client in March 2020. At a time that the covid-19 outbreak caused many uncertainties within the lending market, Fortys decided to stick by their borrowers. We helped our client complete the purchase in time, advancing a loan amount of £168,000.00 at 70% loan to value for a twelve months term.