100583 - £200,000 1st charge loan against four bedroom property - London
Loan amount: £200,000
LTV: 14.29%
Term: 12 months
Security: 1st charge
Product type: Residential
TAB completed a £200,000 1st charge loan secured against a newly refurbished four bedroom end of terrace property.
The borrower, a health practitioner, was looking to reinstate the funds used to refurbish the property, and intends to exit via the sale of the property.
This was another simple case, where all parties involved communicated efficiently. The borrower was very professional and organised in their approach to obtaining financing, provided all necessary documentation in a timely manner and was easy to work with.Faith Ndebele, Underwriter
