Mixed-Use Site: Rescuing a Family Estate
This deal was about more than just numbers; it was about securing a family’s future and ensuring the site’s ongoing development.
The Challenge
A first-time buyer was taking over a family estate (mixed-use commercial, residential, and agricultural) from parents who were paying an unsustainable £33,000 per month in interest.
Our Solution:
We secured a £1.1m Commercial Bridging Loan at 0.93% per month for 12 months.
The Impact:
The new monthly interest payment is reduced by 66%! The borrower can now service the payments using rental income from the industrial units while developing the site and preparing for a long-term commercial refinance.