Client Background

A longstanding Cornerstone client with 40 years’ experience in the building trade sought to acquire a £340k city-centre property in Cardiff and invest £100k in a full refurbishment and extension.

Challenge

The property was in high demand and subject to a competitive contracts race. The client needed fast, decisive funding to secure the purchase. The property required complete refurbishment and an extension, adding urgency to the acquisition.

Solution

Cornerstone provided a tailored £255k light-refurbishment funding package including:

  • 85% gross loan-to-purchase value
  • Credit approval within 24 hours
  • Immediate instruction of valuation and legal work

The client funded the refurbishment works personally, allowing an uninterrupted build programme.

Outcome & Additional Value

Due to the client’s proven track record, no funder monitoring was required.

Since completing this transaction, Cornerstone has supported the client on two further projects, strengthening a long-standing working relationship.

Ben Gauci our commercial manager on the phone.

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