Bridging Loan Success for an Eight-Bedroom HMO Conversion in Cardiff.

An experienced foreign national project manager required a bridging loan to purchase an investment property in Cardiff. The property had planning permission for conversion into an eight-bedroom HMO. The loan was necessary to fund the conversion work, with a tenant agreement already in place for post-completion occupancy.

SDKA provided £63,750 over a 12-month term. Terms were issued promptly, followed by a credit-backed offer. The finance was provided to the client within the required time frames.