Case study: Aspen completes £1.125m bridge for HMO works and onward purchase
Original Article Summary
<p>The loan was agreed at 75% LTV at 0.78% flat over a 10 month term.</p>
PropMatch Curated Analysis
Aspen completed a £1.125m bridge loan at 75% LTV and 0.78% flat rate to help a developer finish HMO conversion works in Clapham and secure onward purchase funding.
Investor Relevance
Demonstrates available financing options for HMO development projects, provides current market pricing for bridge loans, and shows how developers can structure exit strategies during development phases
Original Source:
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