The client, a full time landlord and property developer, wanted to purchase a flat in London which was in need of refurbishment.

It was not lettable in its existing condition and the client was unsure whether she would retain the property and let it out, or sell it on, so a light refurbishment mortgage was not appropriate.

The client had looked into bridging loans but the high rates she was offered - at around 1.3% - would take too much off her bottom line.

We were able to secure funding at 0.69% pcm to 70% LTV with a 2% arrangement fee and crucially, no exit fee. The funding was offered for 12 month term but the client was able to sell the property after just seven months.

Here are the details of the deal:

Property purchase price: £375,000

Refurbishment costs: £42,000

Property sale price: £468,000

Loan amount: £262,500

LTV: 70%

Rate: 0.69% pm (12.1% APR)

Term: 12 months

Lender arrangement fee: 2%

Exit fee: Nil

Completion date: Spring 2014

This is just one example of how I've helped a client secure a short term loan. To see more of my case studies please visit my profile page. And if you have any funding requirements, please do not hesitate to contact me. My direct line and email address can be found below.