Commercial (Class E) Education Centre: Valuation Expertise
When traditional valuation methods fail, you need a broker who can think differently. Our client was facing a strict redemption deadline after being let down by a previous broker.
The Challenge
The required loan amount was only possible if the lender used a ‘Commercial valuation’ based on the building’s 20-year lease with a charity, rather than a lower ‘Bricks and mortar’ valuation.
Our Solution:
We worked tirelessly to find a bridging lender willing to use the Investment Valuation principle, securing the £360,000 Commercial Bridging Loan at 1.1% per month.
The Exit Strategy:
We also structured the refinance exit with a term lender who agreed to the same valuation principles, ensuring a smooth transition.