Christie Finance

Part of the Christie Group

Commercial Mortgages
- Hotel Mortgages
  Purchasing a hotel or extending and upgrading premises you already own, Christie Finance will help you get the funding you need.
- Pub Mortgages
  Christie Finance will help you get the funding you need to purchase or lease the pub you want.
- Restaurant Mortgages
  Purchasing a restaurant, or expanding an established offering, Christie Finance will help you get the funding you need.
- Care Mortgages
  Whether you are a first-time care operator or you’d like to extend premises you already own, or grow your portfolio, we can help.
- Childcare Mortgages
  Purchasing a nursery business for the first time or growing your portfolio let Christie Finance help get the funding you need.
- Dental Practice and Pharmacy Mortgages
  Whether you are a first-time operator, developing the pharmacy or dental practice you already own, or growing your portfolio, we can help.
- Retail Mortgages
  Entering the retail sector for the first time, or looking to grow your existing retail business, let Christie Finance help.
- Leisure Mortgages
  Whichever sub-section of this varied and vibrant sector you’re interested in, Christie Finance will help you get the funding you need.
- Development Mortgages
  Arranging funding for developments across the sectors in which we specialise.
Unsecured Loans
- Unsecured Loans
  Providing a quick and easy way to get a business loan in as little as 24 hours.
Corporate Debt Advisory
- Corporate Debt Advisory
  Providing specialist advice to clients on all aspects of their debt finance needs to achieve their financing requirements.
About
- About Us
  At Christie Finance, we realise that commercial mortgages may not be the most scintillating subject in the world but it’s one of the most important – to UK plc and to us.
- Christie & Co Network
  Christie Finance is part of the Christie & Co Network, which also includes Christie & Co and Christie Insurance.
- Christie Group plc
  Christie Finance is part of the international Christie Group plc – a leading professional business services group, with 33 offices across the UK and Europe.
Completed Deals and News
- Completed Deals
  Latest news from Christie Finance.
- Press Releases
  Find out what we've been up to within Christie Finance.
- Blogs
  Key insight on the commercial mortgage market.
- FAQs
  Find answers to your questions about commercial mortgages and unsecured finance.
- Glossary
  Commercial finance glossary.
- Mortgage Calculator
  Business mortgage calculator to work out how much your monthly repayments may cost you over your requested loan term.
Careers
- Careers
  Christie Finance is a progressive and growing business – we want our people to grow with us.
- Vacancies
  Join our fantastic team.
Contact
- General Enquiries
- Our Offices
  Christie Finance operates from five regional Hubs across the UK. Our Consultants have direct experience and in-depth knowledge of the local market and are based close to you and your business.
- Team Directory
- Complaints

Home > Completed Deals and News > Completed Deals > Refinance for London holiday let portfolio

10/6/2016 | Development Mortgages

Refinance for London holiday let portfolio

The owner of a portfolio of self-catering apartments in South London, was recently assisted with a refinance facility to repay a number of different existing arrangements. These included a high interest bridging loan used for refurbishment.

Matt Kavanagh, Finance Consultant at Christie Finance helped our client, Sue Ardley, find the right package to support Glenthurston Apartments. The group of 12 apartments have been purchased and refurbished over time since 1998. The apartments are targeted at short-stay international holidaymakers and corporate visitors.

These apartments are split across two large Victorian houses and took their first booking through the London Tourist Board’s website for a family from Australia and demand has been growing ever since.

The deal did have its complications with a bridging loan close to the end of its 3-month term; Matt also had to overcome the challenges of needing the lender to take into account projected income based on the new refurbished apartments.

Commenting on the deal, Matt said, “I’m delighted to have helped Sue with arranging refinancing for her business. Whilst this deal had its hurdles and tight deadlines, we were able to get the deal in front of the right people to obtain a highly competitive deal that will help this long established business progress further.”