Bridging loan funds Kent buy-to-let acquisition

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StreamBank has financed a bridging loan of £642,000 to acquire and refurbish two buy-to-let properties in Kent, UK. The loan is secured against three properties valued at approximately £1.525 million, with an overall loan-to-value ratio of 44%.

StreamBank has provided a £642,000 bridging finance facility for the acquisition and refurbishment of two buy-to-let properties in Kent, secured against three properties with a combined value of approximately £1.525 million. The transaction resulted in an overall loan-to-value ratio of 44%. The post Bridging loan funds Kent buy-to-let acquisition appeared first on PropertyWire.