Loan amount: £50k
The client wished to raise funds to convert their loft, they were on a fantastic low rate tracker mortgage and as such their bank would not lend them anymore unless they would relinquish the current deal. Understandably the client did not wish to do this and so came to us. We were able to secure an attractive 2nd charge deal against their property which allowed them to fund their conversion and keep their current mortgage rate.
To discuss your individual situation and find out how we can help with your bridging finance needs, call our Specialist Lending Department on 0800 098 7177.