Case Study · United Kingdom

Property investor mortgages property for quick working capital in London

19 August 2022

Property investor mortgages property for quick working capital in London

London Property Investor Secures Quick Working Capital with Property Mortgage

The property investor in London was always on the lookout for new opportunities to grow their portfolio. They had a keen eye for finding lucrative deals and a knack for turning a profit. However, like many successful investors, they needed quick working capital to take advantage of new opportunities as they arose.

The investor came up with a solution by leveraging one of their properties to obtain a property mortgage. The mortgage provided quick and efficient funding without having to sell any assets. The use of a property mortgage also allowed for greater flexibility in the use of the funds, giving the investor the ability to take advantage of new opportunities as they presented themselves.

They approached Rikvin Capital for funding and were pleased to find a fast and efficient solution. With the quick working capital secured, the investor was able to continue growing their portfolio and adding to their success. The efficient and flexible financing solution allowed the investor to continue making smart investments and securing their financial future.

The property mortgage proved to be a valuable tool for the investor, providing quick working capital without having to sacrifice any assets. The investor was able to continue taking advantage of new opportunities and making smart investments, solidifying their position as a successful property investor in London.

Related: Read about when Rikvin Capital helped a property developer snap up a high potential development site with a quick bridge loan

  • Location: Mayfair, London
  • Market Value: £12,500,000.00
  • Loan Amount: £5,296,423.00
  • Loan-to-Value: 42.37%
  • Duration of Loan: 12 Months
  • Payment Schedule: Monthly
  • Asset Type: Residential Property
  • Completion Time: 2 weeks

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FAQ

Can I mortgage my London property quickly for working capital?

Yes. The Mayfair case lent £5.3 million against a £12.5 million residential property (42.37% loan-to-value) in 2 weeks. Property-secured working capital is a core deal type for active investors who need to act quickly on new opportunities without selling existing assets.

How fast can a London mortgage refinance be put in place?

2 weeks is typical for a clean prime-residential property where the borrower is known. Existing bank mortgages can be settled and replaced within the same window. We coordinate the redemption directly with your existing lender to avoid double-interest periods.

Why use a private mortgage versus selling an asset?

Three reasons: speed (a few weeks versus several months for sale), retention of the asset and its future appreciation, and no transaction costs of selling and rebuying. The Mayfair investor here used the released capital to take advantage of a new opportunity without disturbing their existing position.