
ScotLend completes Edinburgh bridging loan in two working days
The loan was secured against a residential property at 61% loan-to-value (LTV).

The loan was secured against a residential property at 61% loan-to-value (LTV).

ScotLend used an automated valuation model (AVM) to assess the property, with the loan completed at 30% loan-to-value (LTV).

ScotLend has completed a £1.3m refinance across three Norfolk assets in eight working days to help borrowers avoid a pressured sale process.

ScotLend has hired Mikie Butcher as senior business development manager to strengthen broker support across London and the South East.

Specialist lender ScotLend has refinanced a 24-unit portfolio in Kent using only AVMs, completing the £2.4m deal in three weeks to clear an urgent tax liability.

David Travers said: “This facility gives us more capacity and more confidence to support the types of deals brokers are bringing us."

The facility supports ScotLend’s offering of Loans between £30,000 to £2m across the UK and marks a significant milestone for Shawbrook’s speciality finance team.
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