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.