Efficient funding for Scarborough Investment Property Conversion

An existing customer of SDKA, who has returned to us after previous successful collaborations, needed a loan to purchase an investment property in Scarborough. The residential property had planning permission for conversion into 10 flats but due to the need for refurbishment, traditional financing was not an option.

Given our previous assistance with their financing needs, the client came back to SDKA, and the team pulled together to provide £316,500 within the clients required timeframes to enable the borrower to purchase the property and complete the refurbishment work.