Flexible real estate finance lender, TAB, has successfully transitioned a bridging loan into a long-term mortgage for a commercial office building in Wakefield through its TAB Series...

Inspired Lending has provided a £934,000 loan facility to refinance a tenanted residential investment property in Kent.

The loan was delivered at 70% LTV with a 24-month term

The case was made complex as the self-employed applicants had three separate income streams for TML to consider

The loan is at 75% LTV, fixed for five years at 6.59% — a bespoke rate available from the lender.

The mortgage was delivered to the client within four days after a loan with a different lender had fallen through

The deal was completed at 75% LTV on Aspen’s Flat Rate at 0.89% over 12 months

The lender arranged the care home purchase in Kent with funding from two lenders, TAB and LendInvest.

HREF quickly stepped in to complete the loan after the borrower had been let down by another lender.

The scheme consists of a mixture of flats, terraced, semi-detached, and detached homes