Specialist lender provides £1.9m bridging loan for Watford barn

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Glenhawk provided a £1.9 million regulated bridging loan secured against a converted residential barn in Watford. The loan refinanced existing charges and gives the borrower more time to market the property.

Specialist lender Glenhawk has provided a £1.9 million regulated bridging loan secured against a converted barn in Watford, allowing the borrower additional time to market the property. The facility was arranged at 66% loan-to-value and refinanced both a first and second charge on the residential property. The post Specialist lender provides £1.9m bridging loan for Watford barn appeared first on PropertyWire.