Light Development

HMO Conversion in Liverpool

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What Our Borrower Needed

The borrower owns an unencumbered commercial property with a nine-bedroom HMO upstairs. He obtained planning permission to convert the property into an 8-bedroom HMO, all with private baths while retaining the downstairs commercial unit.

How We Helped

We specialise in quick loans, and this time was no different. With our borrower requiring a quick development, our loan coordinator, Pascaline, worked closely with the borrower and our legal team to prevent delays; we must mention that this was her first enquiry. The pictures speak for themselves!

The process was easy even though it was the first HMO project for the borrowers, the process progressed well; their project manager played a large part in ensuring the developments timely completion. Since the loan was completed last year, they are now renting out the rooms and have started to think about their exit strategy. Great teamwork made the process serene.
Pascaline Guilloton, Loan Coordinator

* Working days from offer to completion