5 x Residential Properties – Total loan £252k
The situtation: The client owns an estate agent that has been letting properties for over 20 years. They wanted to borrow £97,500 over 10 years to buy two residential properties to be rented out as two flats.
The solution: There were some issues during the process but due to our experience and vigilance in commercial transactions it was quickly resolved and the case was completed. We also completed a deal, earlier in the year, to purchase 3 properties totaling £154,500.