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TAB U - Property development case studies

TAB completed a £5.9m first charge commercial loan secured against an old stately home. The client required the funds to complete the purchase. They will exit the loan through development finance. 

TAB completed a first charge commercial loan of £1,120,000 secured against a medical center in Leytonstone, East London. The property is comprised of a ground floor and mezzanine level commercial unit, with nearby retail shops such as Argos and Costa Coffee.

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.

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