The offshore borrower required the funding to meet a tight deadline, as the initial lender backed out during the final stage of a previous deal.
Reim Capital worked closely with Freeths and CVS to complete the case on time, and provided the 65% LTV facility on a 12-month term.
- HMOs considered the biggest area for landlord education
- Reim Capital provides £3m bridging loan within 10 days
- Mike Jones joins Reim Capital
Mike Jones, sales director at Reim Capital (pictured above), said: “The ability to complete such a transaction in a such a short time was all down to the team involved.
“As well as the Reim team working in harmony, we relied heavily on our introducing broker and professional partners.”
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