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CASE STUDY:

HOUSE MODERNISATION

Modernisation of home,

lending case

Client:  Jersey resident property owner
Property Type:  Jersey residential property
Interest:  Serviced, monthly
Property Value:  £975,000
Loan Amount:  £150,000
LTV:  15.3%
Completion Date:  10/11/2023

Details:

The client inherited a share of a residential property with their brother in 2023.

The client wanted to modernise the house and had spent her savings to do this. She needed an additional £150,000 to finish the works.

With a final estimated GDV of £975,000, Tupper was able to find a Private lender to fund a 12 month  loan on terms the client was happy with.

The loan completed within two weeks from the first enquiry from the client.