Case study: Aspen completes £950k bridge-to-let deal in 10 days
Original Article Summary
<p>Aspen’s updated bridge-to-let product now offers combined terms of up to five years with maximum loans of £15m and LTVs of up to 80%.</p>
PropMatch Curated Analysis
Aspen completed a £950k bridge-to-let facility in 10 days for a Birmingham office building auction purchase, transitioning from 0.89% monthly bridge finance to 6.49% BTL rates. This demonstrates fast commercial property financing for investor-occupiers planning OpCo-PropCo structures.
Investor Relevance
Shows investors how bridge-to-let products can facilitate quick auction purchases of commercial buildings for rental conversion, with specific rate benchmarks and structural strategies like OpCo-PropCo arrangements.
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