Timing is key when getting a case to offer

• Commercial investment loan of £4.5m net
• Securities consisted of two freehold titles with 23 units in total
• Structured as interest only on a 15-year period
• Current passing rent only achieved an ICR of 118%
• Exception agreed to proceed to offer subject to one of the vacant units being occupied before completion

We don't judge a commercial facility by its cover

• Client needed a net loan of 75% LTV on a commercial facility
• Loan was for £2.5m on a 20-year interest-only basis
• Income from security is a split of owner occupier and investment
• The asset required significant improvements between exchange and completion
• Case was agreed subject to a re-inspection once works completed

Refinancing result

• Semi-commercial refinance required
• Client owned the asset for a number of years and recently developed the upper parts into residential units
• Security included nine commercial shops, one storage unit and seven flats
• Agreed a loan of £3.5m on a 10-year interest-only facility
• Client repaid existing loan and released extra capital for further investment

Commercial deal with flex

• Commercial owner occupier remortgage
• Requirement for £7.37m over 10 years
• Estimated value of £11m
• Refinance saved client significant costs by clearing current lender debts
• Client wanted to exclude three non shareholding directors from the facility

A case with strong ESG credentials

• Funding on a 20-year interest-only basis for a commercial investment
• Request for 72% LTV, which includes fees
• Assets are warehouse units with a total of nine tenants
• All units had strong EPCs of B and above
• Gross loan of £3.46m was agreed subject to valuation