Project Type – Luxury apartment in Mayfair, London Project – Full renovation and lease extension Loan Required – £30,000 Loan Term – 6 Months Interest Payable – 10% PA (pro-rata) Payment Terms – At end of loan term Borrower Type – Experienced property developer with many years of development and renovation experience Security Availability – Business guarantor
THE PROJECT The apartment is in need of a full renovation including the replacement of the terrace, new bathroom and general decorating. The cost of works also include a lease extension.
ABOUT THE BORROWER
Tino has a young family, is a philanthropist, and owns a company called Lifestyle-Lets & Lease Ltd. He is very experienced in the property and tourism markets, having been involved in both for more than 25 years. Tino's main focus for property is Central London and has a proven track record of successful projects. Tino has also managed a successful raise through crowdfunding for a his Mayfair project; the project that he used to test this marketplace. This project was concluded on time and on budget.
Tino has 15 years experience focusing on London niche rental markets such as corporate lets, tourism, medical travel and other premium lets. He is currently managing a portfolio of more than 100 properties. About Lifestyle-Lets & Lease Ltd
Incorporated in February 2010 this innovative company has enjoyed yearly steady and profitable growth. The team of 10 includes property experts, operations, asset & development management. All of these functions are based out of their Mayfair office.
Their current portfolio of property and managed assets of owned or leased properties values at over £40M.