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 couple who were leasing a successful and loved café in Central Norwich, wanted to realise their dreams and long-term business plan by purchasing the freehold and becoming owner-occupiers.
Mustard’s service: Mustard was delighted to support the purchase, by providing a first charge bridging loan of £90,000, with a loan term of 12 months at 75.0% LTV.
The result: The client was unable to repay the loan on time due to delays with refinancing. Mustard considered the client’s circumstance and provided the client with additional time, enabling them to refinance the loan with a bank onto a long-term mortgage at a lower rate.
