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Sun 02 Jun, 2024

Century Capital Completes Second Charge Loan on £65m Mansion

Century Capital have recently completed a second charge loan on a stunning property in Prime Central London valued at £65 million. This grand, detached house is arranged over five floors, with a range of luxury amenities such as a spa, gym, swimming pool and wine cellar. The property benefits from expansive garden grounds, excellent furnishings, and close transport links in a highly desirable residential area.



Deal Overview:

Loan Amount £3,250,000
Property Value: £65,000,000
Second Charge Loan



The client, an ultra-high net worth individual, is a repeat borrower of Century Capital, and required further funds to cover outstanding construction and refurbishment costs. Their existing lender could not release further funds, therefore they approached us having previously experienced our flexibility and ability to navigate complex circumstances. As they were coming to the end of their term with their previous lender, they needed to refinance quickly to allow additional time to exit the loan.



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