Swift Warehouse Purchase
Case Study Category: Commercial Finance
Mr Curtis came to us to secure a Commercial Mortgage on a warehouse facility had had previously been renting for his beauty product business. The freeholder was looking to release the property onto the market and gave our client first refusal to purchase subject to confirmation of funding.
The freeholder however, had only given our client 2 weeks to secure funding and a required completion date of within 6 weeks.
Given the timelines our dedicated team completed the case details and had an agreement in principle within 24 hours for a 70% advance of 550,000. Within three days the commercial valuation was organised and completed.
Solicitors were instructed and all searches and due diligence completed by week 4. The Funds were drawn and the purchase was completed in 5 weeks.
“UK Property Finance provided my business with a swift and efficient funding solution. I am now the proud owner of my business and its premises”
Mr S. Curtis – Leeds