Our clients were siblings who had inherited a three-bedroom residential property 14 years ago. They have been renting it out as an entire home ever since but, in a bid to increase their rental income, they recently decided to convert it into two self-contained flats.
Our client had submitted the winning bid on a residential auction property which they were intending to flip.
Our client, a property development company, had placed the winning bid on a residential auction property and had paid the 10% deposit.
Client circumstances: Our client, a limited company, sought long-term finance for an MUFB. They had taken out a bridging loan elsewhere to fund the purchase
Our clients were in the process of purchasing a semi-commercial property that they intended to convert back to its residential state and then reside in.
Our client, an 86-year-old business owner in urgent need of a cash injection, needed to raise funds via their property portfolio.
Our clients submitted the winning bid on a residential property at auction, which they intended to fix up and sell for a higher profit.
Recently, a broker approached us on behalf of their client who intended to purchase five properties. These properties were newly built and owned by the construction company, of which the client was a director, but did not have majority control.
