Post on 22-Jul-2020
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AWARD WINNING BRIDGING FINANCE
Lowry Capital is a principal lender of bridging finance, lending on
residential investment, semi-commercial and commercial
property throughout England Scotland and Wales.
www.LowryCapital.co.uk
Award WinningBridging Finance
AWARD WINNING BRIDGING FINANCE
£2millionavailable within days of application
Bridging loans up to
www.LowryCapital.co.uk
Lowry Capitalat a Glance
AWARD WINNING BRIDGING FINANCE
www.LowryCapital.co.uk
Funds available within days of application (typically 5-7 working days)
Multi-award winning service
We lend throughout England, Scotland & Wales (no postcode restrictions)
Deal directly with a decision maker every time(no layers of underwriting)
Lucrative commission and rewards programme for Introducers
We lend to individuals and limited companies
Flexible funding lines available (can be drawn down and repaid many times within the loan term)
AWARD WINNING BRIDGING FINANCE
We are a Principal Lender
The purchase or refinance of residential, semi-commercial & commercial properties
Properties in need of heavy refurbishment(finance available in stages if required)
The purchase of auction properties
Projects that require funding in stages
This means we lend our own money and make our own lending decisions.
Our bridging finance funding is most often used for:
Secured business funding (business investment, cashflow, growth funding)
Time critical transactions (property, business funding, tax liabilities etc.)
The completion of development projects
Conversion of commercial properties into residential
www.LowryCapital.co.uk
AWARD WINNING BRIDGING FINANCE
www.LowryCapital.co.uk
We Lend All Over the UK
Lowry lends throughout England, Scotland and Wales
and has a specialist division dedicated to lending in Scotland.
Now, take a look at some of our best case studies showcasing
successful funding between Lowry Capital and our clients.
AWARD WINNING BRIDGING FINANCE
Final Stage Development Funding
Purpose
The funding cycle was repeated eight times until the development was finished.
Funds provided to complete the properties.
Funded within5 days, with the further advances provided within 48 hours.
Dunning, Perthshire This client is a highly experienced property developer
who specialises in high end steading conversions and rural
developments in Scotland. The client had commenced a
32 property development in Perthshire and required funding in
stages. Lowry provided initial funds secured against a wind and
watertight house in order to finish this house and commence
works on the next property on the development. Once the next
property was wind and watertight a new loan was draw down
to continue the development process.
£1,000,000 +Funds made available in 5 days
Provided in eight stages
Amount Funded
www.LowryCapital.co.uk
Extensive Renovationof a Listed Castle
Purpose
The client minimised the finance costs borrowing almost £1million
in total. Once the renovation was complete the client was able
to refinance onto a long term commercial loan.
Funds provided to complete the properties.
Funded withinInitial loan funded within 10 days and subsequent
stage draw downs within 48 hours of client request.
Castle near EdinburghOur client owned a substantial category A listed castle on the
outskirts of Edinburgh with a valuation in excess of £3million.
The client required funds to undertake an extensive programme
of refurbishment in order to convert to a high end hotel and
wedding venue. Lowry provided a funding line which the client was able to draw down in stages.
AWARD WINNING BRIDGING FINANCE
£980,000 +Initial funds made available within 10 days
Further draw downs made available within 48 hours
Amount Funded
www.LowryCapital.co.uk
AWARD WINNING BRIDGING FINANCE
Auction Purchase,8 Day Deadline
Purpose
This deal provided a net profit to the client of £67,000
after deducting the refurbishment, finance and legal costs
Funds provided to complete a fast, opportunistic, purchase.
Funded withinLoan completed within 8 working days.
Aylesbury, BuckinghamshireOur client had the opportunity to purchase a terraced house
in need of refurbishment in Aylesbury, Buckinghamshire for
£37,000 below market value but on the strict condition that
the purchase was completed quickly, giving Lowry Capital just
8 working days to complete the bridging finance transaction
from application to completion. The purchase price was
£153,000 and the surveyor advised that by spending £15,000
on refurbishment, the property would be worth £250,000.
£168,000Funds made available in 8 days
Amount Funded
www.LowryCapital.co.uk
AWARD WINNING BRIDGING FINANCE
Semi-Commercial Property, Converted to Residential
Once the renovation program is complete the expected GDV
is in excess of £800k. Buy to let refinance will ensure that
the loan is repaid at the end of the term.
PurposeOur funds were required in order to refurbish and
renovate the property into 8 residential units.
Funded withinInitial funds available within 8 days.
Folkstone, KentThe client was purchasing a prominent semi-commercial
property of 854m2 in Folkstone, Kent. Our funds were required
in order to refurbish & renovate the property into 8 residential
units. The property was in a poor internal condition and in need
of heavy refurbishment. Lowry Capital provided an initial loan
of £170,000 against an OMV of £340,000.
£170,000Funds made available in 8 days
Amount Funded
www.LowryCapital.co.uk
AWARD WINNING BRIDGING FINANCE
Heavy Refurbishment
Lowry took a view on its current value and provided a loan of £125,000
against a value of £265,000. We were able to release funds within
5 working days, ensuring that the client didn’t miss out.
PurposeThe client needed funds to do the works and also put down
a deposit on a lucrative property investment opportunity.
Funded withinAll funds available within 5 working days.
Huddersfield, West YorkshireThe client had purchased a residential property in Huddersfield
which they were in the process of converting into a pair of 3
bedroom semi-detached houses. The client needed funds to do
the works and also put down a deposit on a lucrative property
investment opportunity which had just become available.
At the time of our loan the property was in a shell condition.
£125,000Funds made available in 5 days
Amount Funded
www.LowryCapital.co.uk
AWARD WINNING BRIDGING FINANCE
Bridging out of a Bridge,with Additional Funding
By spending circa £60,000 on the residential element the site,
the surveyor advised the property / site would increase in value
from £900,000 to £1.13million.
PurposeFunding provided to complete the property
which was in a shell condition.
Funded withinFunds made available in 5 working days.
Pirbright, SurreyThe client owned a site in Surrey which was quite unusual and
consisted of several buildings (residential / agricultural / stables)
and over 15 acres of land. The client already had a bridging loan
but needed additional funds to finish the main residential
property. Lowry provided a loan of £400,000, paid off the current
bridging lender and provided the capital to finish the works.
£400,000Initial funds available within 5 days
Amount Funded
www.LowryCapital.co.uk
AWARD WINNING BRIDGING FINANCE
Property Purchase& Renovation
Lowry provided a loan of £66,000 which allowed the client
to generate a net profit of over £80,000 in just 7 months.
PurposeFunding provided to complete the property,
which was in a shell condition.
Funded withinFunds made available in 7 days.
Andrews Road, KentOur client purchased the property in May 2015 for £133,000.
Lowry Capital provided a loan of £66,000 which was used
towards the purchase and renovation costs. The property sold
in January 2016 for £300,000, netting our client over £80,000
in profit after all costs.
£66,000Funds made available in 7 days
Amount Funded
www.LowryCapital.co.uk
AWARD WINNING BRIDGING FINANCE
Refinancing &Heavy Refurbishment
Lowry’s finance enabled the client to complete necessary renovation.
As soon as the property was marketed a buyer was found.
PurposeFunding provided to partly refinance to
allow full completion of the property’s renovation.
Funded withinFunds made available in 7 days.
Tunbridge Wells, KentOur client purchased the property in February 2015 for £205,500.
Lowry Capital provided a loan of £77,000 in June to fund the
renovations. The refurbishment was completed over a period
of 6 months and as soon as the property was marketed, a buyer
was found. The property sold in December for £350,000.
£77,000Funds made available within 7 days
Amount Funded
www.LowryCapital.co.uk
AWARD WINNING BRIDGING FINANCE
Refinancing & Releaseof Additional Funds
Lowry provided a loan of £66,000 which allowed the client
to generate a net profit of nearly £100,000!
PurposeFunding provided for the refinance & subsequent release
of additional funds to renovate the property.
Funded withinFunds made available in 7 days.
Nottingham, NottinghamshireLowry provided a loan of £66,000 to the client.
This allowed our client to complete extensive renovation work
to the property, which was desperately needed to facilitate a
profitable resale. Once work was complete, the property went
straight to market and instantly sold for a near £100,000 profit!
£66,000Funds made available within 7 days
Amount Funded
www.LowryCapital.co.uk
AWARD WINNING BRIDGING FINANCE
21 Commercial Properties in 19 Working Days
Multiple Locations, ScotlandLowry Capital was approached by Clever Lending to provide funding
secured against a large portfolio of properties located throughout
Scotland. The client (a corporate borrower) was getting a debt
reduction deal worth £1.2 million from his current high street bank.
The challenge was that the client had a strict 28 day (19 working days)
deadline to repay his bank and the property portfolio, provided
as security, consisted of 21 separate commercial properties located
throughout Scotland. The added difficulty was some off the
properties were not yet registered on the New Scottish Land Registry.
Amount Funded
www.LowryCapital.co.uk
£1,200,000Full funds made available 4 days before the deadline
Adhering to a strict 28 day (19 working days) repayment deadline
Purpose
This is a great example of how of short term / bridging finance can be used
to take advantage of an opportunity quickly and the only way the client could
benefit from a debt reduction deal of £1.2 million offered by his high street bank.
Funds provided to complete a time-sensitive debt reduction deal.
Funded within4 days before the banks deadline.
“I Have Yet to Witness a Process as Competent,
or as Fast.”“I would like to commend the team at Lowry Capital.
I have yet to witness a process as competent or as fast. I can't
believe your valuer visited the building on
Thursday 1st September and Lowry Capital had
my transaction completed by noon on Tuesday 6th.”
Colin Gorman
Property Investor
AWARD WINNING BRIDGING FINANCE
www.LowryCapital.co.uk
“I have worked with Lowry for many years and always
contact them for short term finance as my first port of call.
The team is a pleasure to work with, accessible, flexible,
highly professional and fun to deal with.
I cannot recommend them enough.”
David Gould
Route 1 Commercial Finance
AWARD WINNING BRIDGING FINANCE
www.LowryCapital.co.uk
“Accessible, Flexible & Highly Professional.”
AWARD WINNING BRIDGING FINANCE
www.LowryCapital.co.uk
“I have got to say that the service provided by
Lowry Capital is second to none, I find Lowry extremely
reliable, and I now use Lowry for any deal where speed
is absolutely essential.
Thanks again to you and your team.”
Andy Taylor (Cert PFS, CeMAP)
Director | Hallmark Financial Services
“The Service is Second to None.”
Our business is built on exceptional customer service.
AWARD WINNING BRIDGING FINANCE
www.LowryCapital.co.uk
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2015
BestShort-Term/BridgingLender
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2014
ShortTerm /BridgingLender
AWARD WINNING BRIDGING FINANCE
www.LowryCapital.co.uk
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0161 499 7912EMAIL
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