Monday, January 6, 2020

Case Study: Auction Finance Loan: £156,750


Case study: Milton Keynes
Project completed: December 2019
This week’s featured property is a fantastic, extensively refurbished property in Milton Keynes.
Mint Bridging was chosen to finance this auction purchase and with a deposit down and contractors quotes coming in, our team sprung into action, visiting the site and preparing for drawdown – fast.
Mint Bridging provided a property auction loan of £156,750 over a 6 month term. It was ready for drawdown within just 10 working days.
The project is now complete and the property available to let, with monthly rental matching the developer’s pre-auction expectations.


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