Loan Type: Bridging Finance
Loan Amount: £1,378,000
Location: London (E1W)
Lender: Aspen Bridging
One of our network partners David Kan of Auriga Commercial Ltd recently completed on a 1st Charge unregulated bridging loan.
The client is this case was looking to purchase a London Flat – With an estimated property value of £2.12M.
The client is an individual borrower who currently resides in China, where they have 2 buy-to-let properties let out.
The client’s priority for funding was speed due to the short completion widow on the property. The planned exit route for the bridge is a buy-to-let mortgage.
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