Purchase and Refinance – Total Loan £884k
The Situation: A new client approached Commercial Expert Ltd looking to purchase a
semi-commercial property. The client had little deposit and had been let down by previous advisers.
The Solution: Commercial Expert Ltd arranged an £884,000 commercial loan secured over the
property our client was purchasing and a first charge refinance over an existing commercial
investment property, thus reducing the clients deposit requirements. The loan completed on a
repayment basis at a rate of 2.79% above Bank of England base rate.