Tailored Financing for a Buy-to-Let Investment

Challenge:

A borrower needed funding to purchase a residential property in West Kilburn, London, with plans to convert and rent it as two separate flats. Traditional lenders posed challenges with slow approval times, making it difficult to secure the property within the required timeframe.

Solution:

Jemrex Capital provided a £325,000 loan at a 69% Loan-to-Value (LTV), based on a property valuation of £471,000. The 8-month term allowed the borrower the flexibility to complete the purchase and begin the rental process. With a streamlined approval process and minimal paperwork, the borrower secured the necessary funding without delays.

Result:

With quick access to financing, the borrower successfully acquired the property and began generating rental income from two flats. Jemrex Capital’s fast and flexible solution enabled them to capitalize on a profitable buy-to-let opportunity in a prime London location.