MC Private Finance are proud to have completed this deal on a residential Grade II listed property in Notting Hill.

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Loan Amount: £5.3 million

Property Value: £10.7 million

LTV: 50%

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The client, a High-Net-Worth Entrepreneur, needed to refinance his property. However, his occupation as a private equity investor and the nature of his business made it challenging to demonstrate sufficient proof of income for the last few years, In order to meet lenders' standard affordability calculations. 

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To remedy this, MC Private Finance structured a 12 month bridging loan with rolled-up interest to facilitate his initial borrowing requirements, which will be paid off from the sale of one of his other properties in Europe.