£6.6m loan on Central London flats completes in just 3 working days
26/06/2025
Century Capital has completed a £6.6 million first charge loan secured against five super-lateral flats within a white stucco period building overlooking Hyde Park. Situated in one of central London’s most sought-after locations, the properties benefit from close proximity to world-class amenities, transport links, and cultural landmarks.
The loan was structured to refinance an existing facility and fund refurbishment works, to enable the borrower to market the properties for rental.
The standout element of this transaction was the speed: spanning just three days from initial instruction to receipt of the valuation report. The borrowers, non-domiciled business owners with an extensive property portfolio spanning London, the UAE and Asia, required urgent funding to redeem a loan from a global bank.
The borrower operated through three SPVs, including one registered in the British Virgin Islands. Despite a BVI bank holiday during the transaction window, legal approval was still secured – a testament to the efficiency and tenacity of all involved parties.
Key deal terms:
- Loan amount: £6.6 million
- Property value: £10.9 million
- LTV: 60%
- Security: 1st charge
- Exit strategy: Buy-to-let refinance
Special thanks go to Project & Co for attending the site early and delivering a same-day valuation report, and to Temple Bright, whose legal team provided exceptional support throughout, under time-sensitive conditions.
“This transaction demonstrates Century Capital’s ability to execute complex, short-term loans under intense time pressure. Our team worked collaboratively with a network of trusted partners to deliver a financial solution with speed,” said Paul Munford, CEO & Founder of Century Capital.
This article appeared on the Century Capital website on 24 June 2025.
Alistair Hill-
Insolvency & Turnaround
-
Banking
