• Smethwick

  • £197,500

  • HMO Development

  • 16 Days

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Loan Eligibility & Rate Check

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Case Study: Smethwick, Birmingham

Project Completed: November 2019

This week’s featured property is a fantastic, modern HMO conversion.

We love to give our new clients a brilliant Mint Experience and this development was no exception. Whilst we were working with very experienced Developers the client’s ambitious plans made the most of our team’s skills and knowledge to help take this property from a four to six bedroom plus full refurbishment in just 3 short months.

A loan of £197,500 secured on a first charge over a 9-month term was completed within 16 working days, from Underwriting to Offer. With a Day 1 release of 50% of the total facility, the developer was able to purchase the property without any hold-ups.

Through Underwriting to Valuation, Portfolio Management to Completion, Mint has been by the Developers’ side every step of the way. The project completed on schedule and is now ready to let.

More and more Developers are enjoying the Mint Experience and our HMO Developer base is growing. Do you need Auction or Development Finance? Talk to the Mint Bridging team today. Alternatively, submit an Eligibility Check and find out what you could borrow.

Case Study: Smethwick, Birmingham

Project Completed: November 2019

This week’s featured property is a fantastic, modern HMO conversion.

We love to give our new clients a brilliant Mint Experience and this development was no exception. Whilst we were working with very experienced Developers the client’s ambitious plans made the most of our team’s skills and knowledge to help take this property from a four to six bedroom plus full refurbishment in just 3 short months.

A loan of £197,500 secured on a first charge over a 9-month term was completed within 16 working days, from Underwriting to Offer. With a Day 1 release of 50% of the total facility, the developer was able to purchase the property without any hold-ups.

Through Underwriting to Valuation, Portfolio Management to Completion, Mint has been by the Developers’ side every step of the way. The project completed on schedule and is now ready to let.

More and more Developers are enjoying the Mint Experience and our HMO Developer base is growing. Do you need Auction or Development Finance? Talk to the Mint Bridging team today. Alternatively, submit an Eligibility Check and find out what you could borrow.


Loan Eligibility & Rate Check

By using this form you agree with the storage and handling of your data by this website.


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