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 limited liability partnership, had secured a discounted purchase price of the property subject to the client completing the purchase within 5 weeks. Due to the specific completion date the client was in urgent need of a loan to benefit from the discounted purchase price. The client already had terms for part of the purchase price from a senior lender but needed additional funding to be able to complete on the purchase.
Mustard’s service: Mustard was able to provide an 8 month £287,086 mezzanine loan at 68.7% LTV.
The result: Upon loan maturity, Mustard allowed the client additional time to refinance the loan by offering a loan extension. The loan was able to repay the loan shortly after the loan extension date.
