A foreign investor seeking to purchase a prime property in London’s Mayfair neighborhood faced a common challenge – the time it takes to secure a loan from a traditional bank. To overcome this challenge and secure the property in a timely manner, the investor turned to Rikvin Capital for a bridging loan. With its flexible and efficient lending process, Rikvin Capital provided the funds needed for the investor to successfully purchase the property and complete the transaction. By leveraging Rikvin Capital’s expertise in property financing, the investor was able to quickly and effectively navigate the complex process of securing a loan and achieve their real estate investment goals.
| Location | Mayfair, London, United Kingdom |
| Market Value | £4,150,000 |
| Loan Amount | £1,300,000 |
| Loan-to-Value | 31% |
| Duration of Loan | 6 Months |
| Payment Schedule | Rolled Up Interest Payment |
| Asset Type | Residential Apartment |
| Completion Time | 7 Days |
Refinance mortgage loan for property investor to purchase additional assets