Refinancing two MUFBs onto a commercial facility, London

We secured a new banking relationship and refinanced two Multi-Unit Freehold Blocks, of 6 & 5 self-contained flats, onto a commercial investment facility. This facility featured a fixed rate for 5 years and provided an equity release for portfolio expansion.

Property LocationCricklewood & Acton, London
Amount Funded£1,656,000
Property TypeBlock Residential
LTV70%
Client StructureInvestment Company