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Capital raising was required on a client's current property enabling him to complete a purchase and build of an overseas holiday home on time. The client obtained a bridging loan, and completed the build and purchase on time therefore avoiding major additional costs for delayed payments to the building staff and seller of the plot. He now has a profitable holiday home valued at a significant amount more than the clients costing and has a current rental income surplus.
Capital raising was required on a client's current property enabling him to complete a purchase and build of an overseas holiday home on time. The client obtained a bridging loan, and completed the build and purchase on time therefore avoiding major additional costs for delayed payments to the building staff and seller of the plot. He now has a profitable holiday home valued at a significant amount more than the clients costing and has a current rental income surplus