
Refinance
Loan extension and refinance for Mixed Use Unit
loan amount £1,390,000
gearing 58% LTV
structure TERM LOAN
asset class MIXED USE
This client’s investment asset consisted of a supermarket, nightclub, and a 5 bed HMO. The existing bridge loan was nearing its expiration and required a refinance. Karis managed to leverage a robust relationship with the lender to initially secure an extension on the facility. Following this, a suitable term loan was secured to seamlessly exit the bridge and provide continued financial stability for the client.