A property developer in London, United Kingdom has secured a mortgage loan to upgrade and improve the planning for a residential property. The funds will be used to make necessary improvements and enhance the value of the property, helping the developer achieve their investment goals and boost their bottom line. Rikvin Capital provided the mortgage loan, offering a flexible and reliable financing solution for the property developer’s needs.
Location | London, United Kingdom |
Market Value | £8,400,000 |
Loan Amount | £5,425,875 |
Loan-to-Value | 65% |
Duration of Loan | 18 Months |
Payment Schedule | Rolled-up |
Asset Type | Residential Property |
Completion Time | 1.5 weeks |