Semi-Commercial Finance

Urgent refinance of supermarket and residential apartments

Loan Amount

£504k

structure

Senior

LTV

70%

asset class

Semi-Commercial

This long-term client of Sirius was seeking finance to save their semi-commercial property, one supermarket unit with 2 apartments above, from being repossessed and to recuperate costs spent on paying off a shareholder of the business. The client was under extreme pressure from their existing lender; they needed to refinance in a very short amount of time or, due to historic issues with payments during the global pandemic, the property was at risk of being repossessed. Sirius were able to secure the required finance of £504k at 70% LTV in just 24 days (from application to completion).

Dak Lam Dak Lam Senior Associate, Investment Finance contact details 0208 092 4423
dak.lam@siriusfinance.co.uk
With over 25 years in the property finance industry, Dak brings a deep and broad knowledge base of specialist lending to Sirius team.

His experience is most prevalent within the arenas of foreign investment, buy-to-let, unusual and limited company structures, pre- and post-incorporating.

Having achieved an Institute of Bankers certificate in Investment Planning and a CeMap qualification, Dak spent fourteen years at several mortgage brokerages before settling at the Brightstar Group in 2014 as one of Sirius's senior debt advisors.
He prides himself on a highly strategic approach for his clients, taking great enjoyment in unusual and challenging cases. Dak has a reputation for making the seemingly impossible, possible. Something that has earnt him a vast and loyal client base of property investors who have utilised his skills and knowledge to grow valuable property portfolios nationwide.

To discuss an opportunity with our team please get in touch.

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