A 21-bedroom house in multiple occupation (HMO) scheme on Iffley Road in Oxford has secured £3.05 million in bridge-to-let financing from specialist lender Aspen. The funding package, structured at 80% loan-to-value on day one, includes an initial advance of £2.05 million to refinance the existing purchase loan and continue construction works.
The post Oxford HMO scheme secures £3m bridge-to-let funding appeared first on PropertyWire.
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