Don't invest unless you're prepared to lose money. This is a high-risk investment. You may not be able to access your money easily and are unlikely to be protected if something goes wrong. Take 2 mins to learn more.
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Don't invest unless you're prepared to lose money. This is a high-risk investment. You may not be able to access your money easily and are unlikely to be protected if something goes wrong. Take 2 mins to learn more.
Client’s circumstances: The client, a professional London based property investor, had the opportunity to acquire the property below market value in Harrow, London, and required a quick completion and high leverage.
Mustard’s service: Mustard provided a first charge bridging loan of £277,500, with a loan term of 9 months at 75.0% LTV and 80.0% of the purchase price. The loan completed within ten working days.
The result: The client was not able to repay the loan in time due to not being able to sell the property within the provided time frame. Mustard understood the client’s situation and extended the loan for a further 3 months which provided the client with sufficient time to exit the loan.
