Case Studies – Overseas
Short Term Funding for Business Purposes, Lending to a BVI Company on an Investment Property in the South West
UBOs reside offshore
No Penalty for Early Repayment
Gross Loan Amount: £250,000
Market Value: £500,000
LTV: 50 %
To ensure MFS were able to meet the client’s deadline we organised a valuer from our panel of surveyors to value the property the next day and provide a report 48 hours later.
This was further quickened by the additional support of our solicitors and expertise in dealing with offshore structures. The exit strategy was the sale of another investment property within the client’s portfolio.