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Wirral Residential Bridging Loan

Bridging loan to refinance a substantial Victorian merchant's house in a good location in Birkenhead, Wirral with planning for conversion into apartments and for new build houses and apartments in the grounds.

Loan Amount
Loan Term
12 months
Lender Interest Rate
8.25% p.a.
Loan To Value (LTV)*
Key Loan Details

Annual interest

1st legal charge

Personal guarantee for a limited extent of capital and interest due under the loan

Additional collateral
Debenture from the borrowing company

Interest serviceability
Interest serviced by proceeds retained from the loan

Capital Repayment
By a sale of the Property as a development oppotunity with the benefit of the current planning consent.

Purpose of loan
Key Property Details



North West
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Registered Office: 99-100 Turnmill Street, London. EC1M 5QP

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