Finance For Specialist Care Home
Finance secured on a specialist care home in Surrey
- Property Type: Care Home
- Location: Surrey
- Purchase Price: £2,850,000
- Loan Amount: £1,995,000
- Loan-to-Value: 70%
- Turnaround Time: 12 working days
- Funding Type: Commercial Mortgage
Key outcome
We sourced a specialist lender comfortable with the regulated care sector and secured full credit approval in just 2 days. Completion of the commercial mortgage followed swiftly within 10 working days, with competitive pricing and a repayment schedule that aligned with the clients forecasted revenue.
Where we added real value
Many mainstream lenders were unwilling to fund due to sector-specific regulations. By leveraging our network of niche lenders, we matched the client with a funder experienced in healthcare property, navigated regulatory considerations, and ensured the process completed smoothly without delays.