At Albatross, we understand that property professionals need flexible, high-leverage financing to seize the right opportunities. Our new 90% Stretched LTV facility is designed to help investors and developers stretch their equity further, enabling them to secure prime assets, scale their portfolios and maximise returns in today’s fast-moving market.
With funding available up to 90% of the purchase price or 70% of the 180-day value (whichever is lower), this product is ideal for experienced property professionals looking to acquire properties below market value (BMV) while preserving capital for additional projects.
Contact our experts today to learn more about Albatross can support you with your next project.
Albatross provided a loan facility to a consultancy company who had just secured to major healthcare contracts. The company required funding to support the cash flow and investment requirement to ensure these contracts could be carried out, without the financial stress of meeting payroll, paying suppliers, and so on. The company did not own any physical assets for us to secure against, however the client offered us their primary residence as collateral. The property already had a first charge mortgage with a mainstream bank and therefore consent was required for us to sit behind. Albatross obtained authority from the client to speak directly with their bank, in order to drastically speed up this process and allow for the funds to be released quickly to ensure the client could meet their finance requirements.
As a result, the contracts were a huge success and the profits from this activity repaid our loan amount in full, well within the initial 18 month term, with no early repayment charges.
Download our product guide for more details.