Swift Warehouse Purchase
Mr Curtis came to us to secure a commercial mortgage on a warehouse facility he had previously been renting for his beauty product business. The freeholder was looking to release the property onto the market and give our client his 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 6 weeks.
Given the timeline, 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 were completed by week 4. 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.