Property Developer takes £25K Logbook Loan against his Bentley to Fund Buy to Let Deposit

27.07.2022 by Jack H

LoanOnYourCar.co.uk is delighted to support an experienced 'Buy to Let' property investor keen to expand his property portfolio by completing a Logbook Loan for £25,000 on his Bentley Continental GT worth over £50,000.

The client, a previous customer of LoanOnYourcar.com made a direct approach to us to provide him with a short-term logbook loan against his Bentley Continental GT to help toward the deposit on a new property purchase. The client said: “Due to some unexpected expenses, my cash flow was under pressure. I have previously had a Logbook Loan from LoanOnyourCar.com and found them to be very quick. I had recently exchanged on a new property and needed to raise the funds for the exchange within a few days." The client added: "The guys always provide great service; they are very nice people to do business with. The Process was easy to follow from sending documentation, video inspection of payment of the loan. Efficient and effective. I received the funds straight away!"

LoanOnYourCar.co.uk is a digital Logbook Loan lender and operates throughout the UK. Our client never needed to travel as his Logbook Loans were agreed and completed from the comfort of his home. On receipt of our client’s application, we completed a real time valuation of his Bentley Continental GT and within the hour a decision in principle was emailed to him. Shortly after, LoanOnYourCar.co.uk completed a WhatsApp video appraisal of the Bentley Continental GT and issued the loan paperwork. The client e-signed the loan documents and submitted the required supporting documentation via email and the funds were released to the client’s bank account in a matter of hours.

Discretion is paramount and our client’s anonymity is assured.

Paul Hilburn, director said: “LoanOnYourCar.co.uk is the UK’s most trusted Logbook Loan Lender according to Trustpilot and our customer rate us 5 Stars and this is why we have such a high level of repeat customer business coming back to us for a 2nd and 3rd Logbook Loan.” He added: “We are a digital and direct Logbook Loan lender, and we always aim to complete our clients Logbook Loan requirement the same and release the cash directly into their bank.” He finished: “Once in a while a property purchase needs to be exchanged very quickly and our client, a successful property developer, needed the ability to take advantage of the opportunity and capitalise on it as soon as possible. LoanOnYourCar.co.uk was able to help him release the funds within hours, Logbook loans are an excellent solution for property developers looking to raise the deposit very quickly with no fuss.