Our client secured a property to convert into a 6-bed HMO — but came to us with no liquid funds for the deposit.
Rather than letting the opportunity slip, we restructured the deal and worked with the lender to:
✔️ Raise the entire deposit against another property they own
✔️ Structure a bridging loan to complete the purchase
✔️ Secure a £150,000 build facility to cover the full refurbishment
✔️ Map out the exit strategy from day one
We’ll stay in close contact with the client throughout the project and apply for the HMO mortgage at the earliest suitable stage to help reduce the overall bridging interest costs.
If you need funding for a purchase, refurb or development — even when liquidity is tied up — Scale Property Finance can help.
