CASE STUDIES

£5.4m Ex-pat Re-bridge in 15 days

CRYSTAL SPECIALIST FINANCE COMPLETES £5.4M EXPAT REBRIDGE IN 15 DAYS An ex-pat borrower has boosted the value of a luxury apartment in central London after completing a £5.4million re-bridge with Crystal Specialist Finance (CSF). The Monaco-based businessman required the funds to clear an existing £5m bridging loan, with the remainder paying for a substantial refurbishment...

Commercial Bridging Loan

MAXIMUM NET ADVANCE, MINIMUM COST One of our brokers contacted us to help him arrange a commercial loan for a client who had been let down by a lender at the last minute. The client needed the loan to repay an investor who lent him the funds to buy six retail units at an auction....

Bridge-to-let

COMPLETING A PRECISE 'BRIDGE'-TO-LET IN JUST 17 DAYS Crystal Specialist Finance recently finalised a Precise Mortgages’ Bridge-to-Let product case, completing the application from start-to-finish in just 17 working days. The product is designed to help landlords maximise rental yields by refurbishing the target property before they rent it out, bringing together the flexibility of bridging...

Forward funded

REFURB TO LET Crystal utilised an 85% LTV bridge from Shawbrook Bank to ensure a property developer covered both property and build costs on his latest profitable venture. The house cost £75k, but with detailed inspection of the build schedule and a floor drawing which allowed the surveyors to estimate a final worth of circa...

Most difficult case in company history

NURSING HOME INCORRECTLY VALUED AS A RESIDENTIAL PROPERTY Crystal Specialist Finance (CSF) has completed “the most difficult case in company history”, securing a £1.7m mortgage on a new-start Surrey-based nursing home incorrectly valued as residential property two years’ previously. The five partners purchased the property for £2.4m in November 2016, using a £1.4m bridge based...