Great to get another completion through today. We're powering on with a number of them this week.
A complicated C2R scheme delayed through needing to get PD approval for us to lend purchase funds and works upfront. But what an uplift in terms of GDV for a relatively small works budget. Quite the find indeed!
Off the back of this we geared higher day 1 at 88% of purchase still netting down to 65% LTGDV overall.
Thanks to Premier Private Finance for bringing us the case in the first place and their patience with helping the borrower see it through given the complications we faced.
