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 was looking to refinance and release additional funds to complete the conversion of the security property, an extended two-storey detached house in Bolton, Lancashire.
Mustard’s service: Within 7 working days of receiving the enquiry, including accepting a re-typed valuation report instructed by another lender, Mustard provided a first charge bridging loan of £286,501, with a loan term of 7 months at 54.6% LTV.
The result: Mustard’s loan allowed the client to refinance their loan and assisted them to release additional funds to complete the conversion. The client repaid Mustard’s loan within 3 months after refinancing into a long-term buy-to-let mortgage with another lender.
