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Commercial Property Conversion in Leeds
Successfully arranged financing for converting a commercial building into a 12-bedroom HMO in Leeds city center.
Key Metrics
£455,000
Loan Amount
5.1%
Interest Rate
12 weeks
Time to Complete
12
Bedrooms
70%
LTV
Leeds City Center
Location
£455,000
Loan Amount
5.1%
Interest Rate
12 weeks
Time to Complete
12
Bedrooms
70%
LTV
Leeds City Center
Location
The Challenge
The property required planning permission for change of use from commercial to residential. The size and city center location made it challenging to find suitable lenders.
Our Solution
We worked with Michael through the planning process and secured development finance for the conversion. Once completed, we arranged long-term commercial HMO financing.
Testimonial
"The expertise in commercial HMO financing was crucial to this project's success. The team understood the complexities of city center developments and found lenders who shared our vision."
MR
Michael R
Property Developer