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Nursing Home – Tyne & Wear

Purchase – £1.3m

The situation: An IFA introduced a client to us who required funding for £1.3m to acquire a nursing home. The client had no previous experience, but due to the client’s excellent current financial situation, we felt that it was worth sending the case to a corporate high street lender.

The solution: Within 1 month we had secured an offer and the client completed the purchase just before Christmas. We were also able to put the client in touch with Tax specialists who were able to reduce his stamp duty payment.