Refinancing of an existing bridge loan, London

Atlas Property Finance refinanced an existing bridge loan onto a new bridge loan facility. This raised capital for planning costs, reduced the client’s interest rate and allowed the borrower additional time to work up further planning on the site. Once planning is obtained, we will be assisting with the refinance onto a development facility.

Property LocationAngel, London
Amount Funded£530,000
Property TypeSemi-Commercial
LTV70% (of 90 day VP value)
Client StructureInvestment Company