Holne Chase Flashcards
1
Q
What was your advice for Holne Chase?
A
The house was suitable for loan security, at a value of £2.45m
2
Q
What was in the SWOT for HC?
A
Strength: big house, good potential, high value resi area
Weakness: limited purchasers, dilapidated, presents poorly
Opportunities: renovation of a large house
Threats: lot of work
3
Q
Why was HC suitable for loan security if it was dilapidated?
A
Still suitable as it’s a good investment for certain purchasers, just at a lower rate, which is why the market value is lower
