Auction · High-growth refurbBought below market, 58% LTV on value
Won at auction for £97,000 against a £130,000 valuation. Lendlord funded the purchase ahead of a high-growth refurbishment, with dual representation keeping the legal timeline tight.
A record of the bridging deals Lendlord has completed, shown with the numbers exactly as funded.
Auction purchases, HMO conversions and lets, buy-to-let, BRR with a refinance exit, and non-standard construction the high street turns away - each completed on the numbers shown here. Borrower names are withheld for confidentiality, and full deal packs are available to brokers on request.
Auction · High-growth refurbWon at auction for £97,000 against a £130,000 valuation. Lendlord funded the purchase ahead of a high-growth refurbishment, with dual representation keeping the legal timeline tight.
Buy-to-let · Non-auctionA standard-purchase buy-to-let acquisition funded at 75% LTV. Dual representation held costs down and kept the completion on schedule for the investor.
Auction · HMO conversionAn auction flat bought to convert into a four-bed HMO. Lendlord funded the purchase and released a £100,000 refurbishment advance on staged drawdowns, against a future GDV of £450,000.
Auction · HMO letA terraced house bought at auction to run as a nine-room HMO. Lendlord stretched to 90% LTV against a £230,000 value, with a £10,000 budget for light works ahead of letting.
Auction · Buy, refurbish, refinanceA detached house bought at auction to refurbish and let across five rooms, then refinance onto a term loan to repay the bridge. Funded at 70% LTV with dual representation.
Auction · Non-standard constructionA non-standard construction property of the kind high-street lenders shy away from, funded at 75% LTV. Exit planned by refinancing an existing portfolio property.
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