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 repeat customer, London based professional landlord, with a substantial portfolio of residential and commercial properties, was looking to purchase their first flat outside of London, a vacant 2-bedroom leasehold flat, and approached Mustard to finance the purchase.
Mustard’s service: Mustard provided a first charge bridging loan of £173,978, with a loan term of 12 months and an LTV of 80.0%.
The result: The initial term of 12 months was not sufficient for the client to realise their exit. Mustard understood the client’s difficulty and extended the loan for a further 6 months which provided the client with sufficient time to exit their loan into a long-term mortgage.
