Century Capital Facilitates £4.9M Deal in the Heart of Chelsea

Century Capital, a leading lender in the prime property sector announced its latest deal – a £4.9 million loan for a grand, five-story Victorian property located in the heart of Chelsea.

Deal Overview:

Loan Amount: £4,900,000

Property Value: £7,000,000

LTV: 70%

Nestled in a prime prestigious Chelsea neighbourhood, the security asset, a five-storey, four-bedroom, Victorian home boasts two patios, a balcony, and a comprehensive refurbishment.

The buyer, a discerning High Net Worth Individual based in Los Angeles, sought financing to settle the original loan upon its expiration. As the buyer’s income was predominantly tied up in foreign assets, Century Capital provided funds to pay the original loan. This granted the buyer valuable time to strategically market and sell the property, underscoring Century Capital’s ability to navigate complex financial scenarios. The loan will be repaid in full upon the successful sale of the property.

Paul Munford, CEO of Century Capital, commented:

“We are thrilled to have facilitated this remarkable deal, solidifying Century Capital’s presence as a key player in the luxury property finance sector. Our ability to navigate complex transactions and provide tailored solutions to HNWIs sets us apart. This deal exemplifies our commitment to offering financing options that align with the unique needs of our clients.”

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