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: A professional couple, with a commercial property portfolio, required a quick bridging loan to complete on the purchase of a vacant commercial property acquired in auction.
Mustard’s service: Mustard arranged a bridging loan of £105,570, with a loan term of 12 months at 75.4% LTV and a rate of 0.9% per month.
The result: Due to delays caused by the COVID19 pandemic, the client was not able to refinance Mustard’s loan within the 12 month loan term. We understood the clients' difficulties and extended the loan two times to provide them with more time to redeem the loan. In the end, the clients redeemed the loan by obtaining a long-term mortgage from a High-street bank.
