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MC Private Finance completes £9m deal for Ultra-High-Net-Worth Individual

05/09/2024

MC Private Finance have recently completed a loan on a prime London asset for a high profile client. 

Loan Amount: £9,000,000

Property Value: £12,000,000

The client, an ultra-high-net-worth individual, was looking to carry out redevelopment works on an unencumbered property that he plans to let once works have been completed.

However, his income arises from complex streams, generated from offshore trusts. 

To resolve this, MC Private Finance structured a 5 year term loan with a lender who could both fund the cost of development works, as well as roll-up the interest and fees. 

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MC Private Finance

 


+44 (0)20 7495 7333
enquiries@mcprivate.co.uk 
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MC Private Finance Limited is an Appointed Representative of JLM Mortgage Network Ltd, which is authorised and regulated by the Financial Conduct Authority, Registration Numbers 972392 and 300629. Further details may be found by visiting www.fca.org.uk. Registered Office: 2nd Floor Connaught House, 1-3 Mount Street, London, United Kingdom, W1K 3NB. Registered company number 12913330. Registered in England & Wales.

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