Title: Commercial investment re-mortgage for a retail premises let to a newsagents. 10 years remaining on the lease. (March 2011)
A loan of £180,000 was requested to repay Royal Bank of Scotland, which currently has a reduced appetite for property mortgages.
| Loan amount & terms: | £180,000 agreed at Bank Base Rate + 3.75% on a capital repayment basis over a 25-year term. |
| Property value: | £350,000 |
| Completion date: | March 2011 |
