Secured Loan Provided for Home Improvement Project


Here at UK Property Finance, we are approached on a daily basis by all manner of borrowers in search of fast and reliable funding for a diverse range of projects.

In May 2016, we were approached by a private homeowner who was in search of a secured loan at the value of £200,000 in order to finance significant improvements to his large country home in the outskirts of West Sussex. The client was a self-employed businessman who was looking for the best deal on a secured loan which would be backed up by means of proof of income via bank statements and a certificate provided by his accountant.

One of the main problems that our client was facing was the fact that his country home also had a number of stables and as such was listed as an equestrian centre. However – the stables had remained dormant for a number of years and the lenders and surveyors that our client had approached before we intervened would not consider his home as a strictly residential property.

It was clear to us from the start that the intended use of our clients property was exclusively residential in nature and we were able to provide a secured loan based on this borrowing criteria in a process that took no longer than fourteen days to complete – from start to finish.

Last Updated: Jun 14, 2017 @ 3:23 pm

Address

2 Nursery Court,
Unit 2C, Kibworth Business Park,
Harborough Road,
Kibworth Harcourt,
Leicestershire,
LE8 0EX

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The advice and processing on all financial products introduced via this website will be handled by UK Property Finance Ltd, which is authorised by The Financial Conduct Authority (FCA) no 667602. The FCA do not regulate all mortgages such as Buy to Let and Commercial. Think Carefully before securing debts against your home. Your property could be repossessed if you do not keep up repayments on your mortgage or any other debt secured on it.