Refinancing onto a commercial facility, London

LocationCatford, London
Amount Funded£765,000
Property TypeHMO
LTV75%
Client StructureInvestment Company

Atlas Property Finance successfully refinanced a newly converted HMO, with 6 self contained rooms, onto a new term commercial investment facility for the client. This allowed the client to repay their development finance, secure a new fixed rate for 5 years, and release equity from the property to be used in their next project.