TAB U

829 Selby, Yorkshire

The client needed a £250,000 first charge mixed use bridging loan for capital raise. The client’s exit strategy is to sell to a developer on the grant of planning permission. The planning was submitted for the conversion of commercial elements of the property to residential. The LTV was 65% and terms were agreed at 0.99% interest per month for 9 months.

Signup to our newsletter

Receive TAB Lending and TAB Property investment alerts and keep up to date with TAB.

Please select all that apply.