The experienced property investor required a finance solution to complete the purchase within a tight timeframe.
London Credit ensured approvals were secured and instructed valuers and solicitors to work in parallel, allowing the deal to complete in under three weeks.
The loan was structured at 65% LTV over a 12-month term, secured against the commercial property in Birkenhead.
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Marios Theophanous, credit manager at London Credit (pictured above), commented: “This case is a great example of what we do best.
“The borrower needed certainty and speed, and we delivered both.
“By moving quickly and working closely with all parties involved, we were able to complete the deal within the tight timescales.
“We understand that brokers and their clients often need quick decisions and this deal shows that with the right team and a practical approach, it’s possible to get the result that’s needed.”
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