TAB provided a £120,000 commercial mortgage over 60 months at 74.07% LTV, secured against a light industrial unit in Peterborough.

The asset comprises a detached industrial unit extending to approximately 2,500 sq ft, offering a mix of production and office space with flexible use potential and strong occupier appeal.

The borrower, a growing business expanding into property investment, required funding to acquire the asset as part of a long-term strategy to build a sustainable, income-generating portfolio.

TAB took a pragmatic, forward-looking approach, focusing on the strength of the asset and the viability of the borrower’s strategy to deliver a tailored funding solution.

The facility enabled the borrower to complete the acquisition and establish a foothold in the commercial property market, supported by the asset’s income-generating potential.

A broker involved in the transaction commented:
“TAB were excellent in supporting a complex case and helped drive it through to completion. Where others stepped back, TAB took a common-sense approach and delivered.”