Releasing Equity to Fund an Additional Development

Property development and portfolio management can become difficult when you live in a different country. One of our clients wanted to look into releasing equity after realising just that.

An Urgent Need for Releasing Equity

Our client was living abroad and had to raise money from an existing buy-to-let property to ensure that another property he was trying to sell didn’t fall foul of building regulations. It was hoped that this freed up cash would be enough to fix the issues and allow the sale of the property.

What We Did

Despite the fact the client had a mildly adverse credit rating and had to complete on a tight schedule so the contractors didn’t walk out before completing the job, the deal came to a successful conclusion.

Making a Profit

The client has now sold his property and made a decent profit, as well as paying off the loan.

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