109802 – £270,000 commercial bridge for a retail and residential unit in Pinkney's Green, Maidenhead
TAB provided a £270,000 bridging loan for 12 months, secured against a semi-commercial property in Pinkney's Green, Maidenhead, with an LTV of 60.00%.
The property comprises a two-storey detached building, arranged with a retail unit at ground floor level and a self-contained two-bedroom maisonette on the first floor.
The building is of traditional construction and sits within a mixed-use area, supporting both residential and commercial premises.
TAB was comfortable facilitating the loan at 60.00% LTV, enabling the borrower to raise capital against the asset to invest in a separate business opportunity.
The borrower intends to exit the bridge loan by refinancing with a term lender once their plans are further progressed.
Receive TAB Lending and TAB Property investment alerts and keep up to date with TAB.
Success
Success. You have successfully signed up to the newsletter.
Error
Sorry! Something went wrong, please make sure you have filled in your email and the name fields.
TAB awards
This site uses cookies
Cookies are widely used to make websites work, or work more efficiently,
as well as providing insights into how the site is being used. Our website
uses cookies to distinguish you from other users of our website. Some cookies
are essential, whilst others allows us to improve our site and give you a
better experience.
For more detailed information please check our Cookie Policy
Necessary Cookies
These cookies are necessary for our website to function properly and cannot
be switched off in our systems. They are usually only set in response to
actions made by you – for example, setting your privacy preferences. You can
set your browser to block or alert you about these cookies, but some parts of
the site will not then work.
Analytical Cookies
These cookies allow us to count visits and traffic sources so we can measure and
improve the performance of our site. They help us learn which pages are the most
and least popular and see how visitors navigate our site to help us with future
improvements. All information these cookies collect is aggregated and therefore anonymous.
If you do not allow these cookies we will not know when you have visited our
site and will not be able to monitor its performance.
Marketing Cookies
These cookies may be set through our site by our advertising partners to help us improve
our response to business development. They may be used by those companies to build a profile
of your interests and show you relevant adverts on other sites. They do not store directly
personal information, but are based on uniquely identifying your browser and device. If you
do not allow these cookies, you will experience less targeted advertising.