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 limited company required financing to acquire a former public house in a historic Surrey village with the aim to obtain planning to convert the property into residential use.
Mustard’s service: Mustard provided a first charge, 9 month £367,088 loan at an LTV of 68.0%.
The result: The client acquired the property, but the planning permission was delayed. As a result, Mustard offered a 3 month loan extension to help the client avoid default. This gave the client enough time to finally obtain the planning permission and refinance the loan with a development lender.
