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Case Study
RESIDENTIAL / COMMERCIAL / LAND
HOW CLIENTS HAVE BENEFITTED FROM OUR BRIDGING LOANS
At DRM capital, we’re focused on building strong relationships with our clients. Our professionalism, expert knowledge and outstanding customer service mean clients are assured of clear and concise deal analysis and a very fast turnaround. Our well-established network of lenders is complemented by an exclusive stable of private investors to ensure we secure flexible, bespoke and creative bridging loans, as quickly and cheaply as possible. The case studies below show how we helped these clients successfully complete their property deals and generate substantial profits from their investments. Property developers and professional property investors choose us as their property finance broker when they need fast, flexible property bridging loans and development finance. Read on!
Case Study 1
Security : Residential Property
Loan Size: £350,000
Location: London
Charge: 2nd
Purpose: Capital raise
Our client came to us needing to raise a 2nd charge on his main residence for business purposes.
Within 12 hours of the initial inquiry, we had received an offer from an investor, instructed legals, and instructed valuation. Funds were drawn down within 10 days and would have been quicker if we did not need to wait for 2nd charge consent from the 1st charge holder.
This speed enabled the client to take advantage of a business opportunity that had arisen unexpectedly.
The exit will be through refinancing of the property or sale.
Case Study 2
Security: BTL residential
Loan size: £1m
Location: Central London
Charge: 1st
Purpose: Purchase
Our client had an opportunity to buy a BMV property that had been reposed by the bank.
As the purchase price was equivalent to 70% of the OMV, we were able to source 100% of the purchase price. Legals and valuation took 5 days, and funds were drawn down on the 6th day.
The property will be modernised and refinanced on a BTL mortgage and add the property to his growing portfolio.
Case Study 3
Security : Land
Loan Size: €9m
Location: Fuengirola
Charge: 1st
Purpose: Aquisition and CAPEX
Our clients had an option to purchase a plot of fully consolidated urban land in Fuengirola in an area with sea views, close to the beach and near many amenities such as bars, restaurants, and cafes.
They were looking for a bridge to acquire the land and finance the CAPEX until the licence were granted; a family office provided the capital within 3 weeks of initial inquiry.
The client refinanced with a development facility from a Spanish bank that they had already in place before the purchase.