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The borrower required a short-term bridge to release funds for their own business means, and so provided us with a property in North London. They could only provide an equitable charge over this property, however, so we took additional security over a very impressive private hire chateau in France.
A unique loan as our security was a property in France, we worked with French lawyers throughout until redemption to ensure legal compliance. We were able to make this loan as sales were in place for both securities. Visit to the Chateau is long overdue post-Covid!
