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 borrower required around £90,000 to complete a development of a two-storey dwelling which would upon completion provide three bedrooms in Smethwick, West Midlands. The property was unencumbered and the borrower had used own funds to purchase the land and financed the initial development costs.
Mustard’s service: Mustard provided a 12 month, £101,810 first charge loan at an LTV of 44.7% within a few days of receiving the enquiry.
The result: Mustard’s facility allowed the client to complete the development and the 12 month loan term gave the client sufficient time to refinance the facility loan into a long-term mortgage with a high street lender.
