Property type
Commercial office block
Property Value
£8,500,000
Loan Value
£5,100,000
Ltv
60%
Sumarry
Our client, a property development company, needed to refinance a large office block to fund refurbishment and lease upgrades. The project required a tailored finance solution with flexible terms to meet the client’s timelines and cash flow requirements.
The challenge
The client’s existing lender was unwilling to provide additional funds, and other lenders were hesitant due to ongoing tenant negotiations. The business required funding quickly to avoid project delays that could affect rental income.
What we did
Rainstone Money negotiated directly with multiple lenders to secure a £5.1 million commercial mortgage. We structured the deal to include a flexible repayment schedule and interim bridging support, ensuring the client could complete refurbishments without cash flow issues.
Key obstacles
- Lenders were cautious about lease renewals not yet finalised.
- Tight deadlines required rapid legal and valuation coordination.
- The client needed a solution that complied with all regulatory and planning requirements.
The solution
By leveraging our extensive lender network and expertise in commercial finance, we secured funding within 10 business days. The mortgage allowed the client to refinance successfully, complete refurbishment, and increase rental yields while meeting lender conditions.