The 0.99% 75% LTV loan was introduced by Helix Structured Finance, was for a recently completed development of a 3-bedroom house in Reigate, with the client needing more time to market and sell the properties.
The deal was completed over a week ahead of the strict deadline that the client had to redeem their development loan.
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Commenting on the deal, Nikes Khagram, director and co-founder of KSEYE (pictured above), said: “The 1,000th completion landmark is a notable one to pass, and the team we have assembled at KSEYE has experience working quickly with brokers, however complex a deal is, leading to many satisfied property investors.
Adam Stiles managing director at Helix Structured Finance, added: “This deal marks our first with the KSEYE team, and it was notable how they took a commercial view on matters throughout.
“Learning it was their 1,000th completion isn’t a surprise, as their experience was clear from the outset to completion. I’m extremely pleased with how this first bridge with KSEYE has gone – it will be the first of many!”
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