The loan assisted the client, a luxury property investor, with their strategy for development and value add in prime locations.
The 72.3% LTV loan, headed up by Lakeshield’s BDM, Dean Taylor (pictured above), is for a term of 12 months.
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Dean commented: “We are delighted to have completed this transaction for an established real estate asset management firm.
“The deal completed swiftly and was about solid relationship and client confidence in our delivery.”
Lakeshield offers a range of bridging finance solutions with a track record of providing finance in the £1-5m space for both residential and commercial properties.
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