Ramsgate auction refurbishment backed by £108,750 bridge
Original Article Summary
<p>A £108,750 bridging finance facility has enabled the fast acquisition and upgrade of a three-bedroom Ramsgate property.</p>
PropMatch Curated Analysis
TAB provided £108,750 bridging finance at 75% LTV for a Ramsgate auction purchase and refurbishment project, demonstrating how short-term funding enables investors to move quickly on auction opportunities while covering renovation costs.
Investor Relevance
Shows practical application of bridging finance for auction purchases, provides market pricing benchmarks, and demonstrates viable exit strategy through refinancing to BTL mortgage once property is tenanted.
Original Source:
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