TAB is pleased to confirm that we have completed a £5,520,000 first charge residential loan secured against a 53-storey residential block of flats located in Canary Wharf, London. The borrower needed funds to purchase 14 flats at 30% undervalued, due to the bulk nature of the deal. Five of the flats were financed by another short term lender and TAB financed the remaining nine flats.