GB Bank has completed a £2.5m buy-to-let (BTL) facility for an experienced property investor in Oxfordshire.
The funding allowed eight self-contained flats to be moved from personal ownership to a new special purpose vehicle (SPV) as part of a wider restructuring plan.
The deal was completed to a tight deadline with extra funding from GB Bank.
Mike Says (pictured), CEO at GB Bank, said: “This case is a great example of our ability to support investors with bespoke funding that aligns with their overall portfolio strategy.
“By working closely with the borrower and acting quickly, we helped ensure a smooth transition under time-sensitive conditions.
“It’s this agility and collaborative approach that makes GB Bank a reliable partner for brokers and their clients.”
