user.first_name
Menu

News

Omni and broker Asgard complete £8.4m bridge

vickyhartley
Written By:
Posted:
August 1, 2012
Updated:
August 1, 2012

A specialist mortgage consultancy and leading short-term lender have completed a £8.4m bridging loan in three weeks on two west London properties.

Valued at £8.4m, and with a loan-to-value of 75%, the first-charge loan is secured on two distinct properties located in prime west London with an interest-rate of 1.25%.

High net worth mortgage adviser Asgard Capital, a City of London-based firm, introduced the business to Omni.

Matthew Van Lorson, director of Asgard Capital, said: “We have established an excellent relationship with Omni Capital.”

Colin Sanders, chief executive officer of Omni Capital, (pictured) said: “This case highlights to very good effect why professional intermediaries are of such importance to the bridging sector. Through a combined effort, we were able to navigate our way through a complexly-structured deal involving a number of legal entities to achieve a positive result.”