Following on from the Santander article looking at lending for the Private Rented Sector Young Group has put together a case study on the refinancing of its property portfolio in The Retreat.
The Retreat, completed in 2008 and located in the London Borough of Wandsworth, is a gated development consisting of 26 luxury flats with secure parking that provide the perfect combination of luxury, convenience and tranquillity.
The development completed in the middle of the financial crisis. A few of the units had been sold, however, we decided to complete on the remaining majority as we could see the long term growth potential, despite the uncertainty in the market at that time. Five years later this decision has been vindicated as Wansdworth has experienced an increase in property values of 16.4% over the past year.
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