Our client aimed to secure a prime central London property at auction, but traditional lenders could not provide rapid funding within the auction timetable. The property was a mixed-use building, combining residential flats and a commercial unit, which added complexity for conventional mortgage providers.
Million Plus Private Finance reviewed the client’s multi-property holdings, international income streams, and existing portfolio. We coordinated a professional valuation and structured a bespoke loan application for specialist lenders. The approach emphasised liquidity, portfolio strength, and the potential for rental income, ensuring confidence in the client’s repayment plan.
A £2.4 million short-term auction finance facility was secured at 68% LTV with a 12-month term. Interest-only repayments were applied during the period, enabling fast access to funds for immediate settlement. The property was acquired successfully at auction, and the client preserved cashflow for ongoing investments.
This case study is provided for illustrative purposes and reflects a past transaction. Lending terms, loan-to-value ratios, and repayment structures vary depending on property type, valuation, and individual client circumstances
