We are pleased to have completed a £6.5 million 1st charge loan on a super prime Belgravia residence. The loan was completed in a near record 4 days, thanks to a great asset, strong communication, and our skilled and proactive team here at Century who understand how to make things happen.
The international borrower was an existing client of Century’s, with the funds facilitating the purchase of another super prime piece of real estate, this time in a sought after beachside location in Florida, USA.
We had an incredibly strong covenant from a borrower with a diverse, multimillion dollar property portfolio which, coupled with great lawyers and a firm deadline for completion on the Florida property, allowed for a fluent transaction that the team were able to complete in just 4 days.
Paul Munford, Century CEO said
‘This is a great achievement for Century and another great example of the results that our skilled and experienced team are able to deliver. By being fully on top of each transaction from day one, and our policy that clients speak directly to the decision makers, borrowers and brokers can have confidence in Century to deliver.’