Residential Bridge Facility
Deploy provided a residential bridge facility to assist the Borrower in purchasing a residential building.
Location Bexley, Greater London
The scenario
Deploy was approached by the Borrower to assist with the acquisition of a residential property that required refurbishment work.
Deploy were able to move quickly and provide the Borrower a net facility with interest rolling up to maturity, resulting in a gross loan of £351k resulting in an exit LTV of 60%.
The Borrower appreciated Deploy’s understanding of the local market dynamics and associated costs to refurbish the property. The Borrower is now a recurring client of Deploy.
Contact Deploy
If you have any questions and would like feedback on a particular transaction, then please complete the below fields and a member of the Deploy team will be in contact.
"*" indicates required fields
