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First Time Buy to Let Funded
First time buy to let investor secures funding
The Problem
When a first time investor approached seeking funding for a residential buy to let property the challenge was to find a lender who could support the acquisition with limited landlord experience.
The Solution
With a diverse lending panel at hand, a funder was found who was able to understand the business plan and investor credentials in addition to the market valuation making them comfortable to lend on the project. Having completed on the transaction on schedule, future projects will be easier to secure in turn building a long term portfolio for the customer.
Deal Details
Amount Financed
450000
Term (Years)
5
Product Type
Buy to Let Mortgage
Asset Type
Property
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