Case Study – £310,000 Standard Bridge – Dorset
We’re pleased to have just funded a £310,000 bridging loan for a client in Dorset.
The funds were used to re-bridge an existing loan whilst a long-term buy-to-let mortgage goes through.
The property is semi-commercial with a retail unit and three tenanted flats above. Mint’s exit is refinance onto a BTL mortgage due to the extra time the Borrower has now been afforded.
The loan value provided was £310,000 on a 12 month term, and this was the Borrower’s first project with Mint Property Finance.
With an unrivalled Best In Class Underwriting process and streamlined legals process, Mint can save Borrowers time and money.
To find out if we can help you, contact the team on 0161 710 2006 or hello@mintpf.co.uk.