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.

Completing on an auction purchase

Bridging loan First charge Mid-terrace Solihull

Client’s circumstances: The client,  a  limited company,  urgently required a  bridging loan to complete an auction purchase of a  commercial property.  The property was let to Santander UK PLC on a 5 year lease at the time of the purchase.

Mustard’s service: Within five working days, Mustard was able to offer a  first charge bridging loan of  £534,300,  with a  loan term of  9 months at 54.3% LTV.

The result: The client was able to purchase the property within the required purchasing timeframe for auction. The loan was repaid in full after the client re-mortgaged with a high street bank.

Enquire now

Property and business loans up to £1,000,000.