Moor Park Estate
Area | Moor Park Estate |
Value | £4,350,000.00 |
Amount | £912,200.00 |
LTV | 20.97% |
Loan Term | 12 Months |
This impressive estate owned by a HNW borrower, as it stands, is not suitable for mortgage purposes as the property is currently in shell condition. The client required a loan of £912,200.00 to finish the works on the asset. With an LTV of 20.97%, the land value had significant equity for Fortys to release the required amount. On completion of the works, the borrower will be refinancing on a buy to let mortgage.