Stockport Buy-to-let

Stockport, Greater Manchester

Assetz Capital helped Ged Hutton fund the purchasing of a residential buy-to-let property in Stockport.

273

£95k

£350

Intro

Ged Hutton used the Assetz Capital peer-to-peer lending platform to raise a £95,445k loan from our investors to put towards the purchase of a 3-bedroom buy-to-let property in Stockport.

An issue with the fact that the freehold had changed hands recently on the buy-to-let property prevented Ged from getting a traditional mortgage with a major bank. He needed a quick turnaround as this was the last remaining plot on the site. Working together with our sister company, AFI, Assetz Capital were able to understand the issue and structure a loan that helped Ged meet his objectives.

Stockport Buy-to-let
Stockport Buy-to-let

Impact

One of our experienced Regional Relationship Directors was able to offer the customer a fast decision based on the initial facts and made the application process as simple and quick as possible for Ged, tailoring the loan structure to suit his needs.

Ged was able to purchase the modern 3-bedroom terraced property with the plan to rent it out to gain income and plans to exit the loan by re-mortgaging the property.

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