We recently supported a first-time landlord who purchased a one-bedroom flat with the goal of converting it into a two-bedroom property. With no prior landlord experience, securing the right funding structure and guidance was key to making this project possible.
The Challenge
- First investment property
- Requirement for both purchase finance and development funds
- Need to minimise financial risk and time on bridging finance
Our Solution
We created a tailored funding strategy designed to give the client confidence and efficiency throughout the process:
- 75% Loan-to-Value (LTV) secured on day one
- 100% of the build costs arranged to cover the full conversion works
- Regular communication and support during the project to keep everything on track
- Early preparation of the exit mortgage application to reduce time spent on bridging finance
Results
The property will be converted into a two-bedroom flat with full funding in place and the process managed from start to finish. The structure not only allowed the client to move forward with confidence but also ensured the project was financially efficient.
Client Outcome
This case highlights how even first-time landlords can achieve ambitious projects with the right funding and expert support. Whether you are new to property investment or an experienced landlord, our focus is always the same: securing the right finance and managing the process so you can focus on the property itself.
