This client was looking to purchase their neighbour’s property which they would then convert into a holiday let, using another property that had been rented out on AirBnb for a brief period, post lockdown, as security.
Sirius Property Finance took a creative approach by securing a lender who was flexible in their policy and accepted projections of rental income based on guidance provided directly from AirBnb. Similar type/size properties that they had rented in this location were used as a comparison.
Senior Associate, Commercial Finance
0208 092 4412 07958 690 185 email@example.comPaul came on board in 2018 to spearhead our dedicated commercial finance team, bringing with him a formidable 35 years of experience in the corporate banking industry. His extensive background includes 23 years at HSBC Bank involving the management of multiple branches, 5 years at Clydesdale Bank and 2 years working on special projects for Grant Thornton LLP. Since joining Sirius, Paul successfully pioneered the Sirius CBIL loans initiative during the difficult Covid-19 period, which was well-received by many grateful clients.
Paul specialises in assisting clients with Commercial Investment & Commercial owner occupier business, Short Term Finance, Development Finance, Unsecured Business Loans and Asset & Invoice Finance. Whilst being as accommodating and personable as they come, he is ruthless in his pursuit to secure a deal that fulfils his clients' requirements when he is acting on their behalf and as a result continues to receive unparalleled testimonials.
To discuss an opportunity with our team please get in touch.
Sirius Property Finance or Sirius is a trading style of Sirius Property Finance Group Limited (company number 10132820) registered in England and Wales. Our Financial Services Register number is 813945. The registered address is; The HUB, Unit 7 Lake Meadows Business Park, Woodbrook Crescent, Billericay, Essex, CM12 0EQ. Sirius Property Finance Group Limited is an Appointed Representative of Bright Star Financial Limited also trading as Brightstar Financial or Brightstar (company number 07462342) registered in England and Wales. The registered address is; The HUB, Unit 7 Lake Meadows Business Park, Woodbrook Crescent, Billericay, Essex, CM12 0EQ. Bright Star Financial Limited is authorised and regulated by the Financial Conduct Authority. Their Financial Services Register number is 712700. You can check the Financial Services Register by visiting the FCA's website www.fca.org.uk/register or by contacting the FCA on 0800 111 6768.