Butterfield Mortgages provides £4.5 million funding for prime central London buy-to-let deal
NTB•Butterfield Mortgages funds two Prime Central London buy-to-let acquisitions
Butterfield Mortgages provided GBP 4.5 million to finance two Prime Central London buy-to-let acquisitions valued at GBP 7 million.
Funding was set at 65% loan-to-value across two corporate buy-to-let facilities using a holding company structure with two SPVs.
Underwriting reflected lease extension, refurbishment plans, revised rental projections, borrower liquidity, net worth, and a broader property portfolio.
