Clients had not developed a site in over 10 years. They required 100% funding of purchase price, fees and construction costs. We found a lender who would do this by taking extra security.
Client has built up a portfolio of shops and flats above, renovating and repurposing buildings as he buys them and secures the planning.He wanted to release funds to continue purchasing.
Client didn’t want the expense or additional logistics of the bank appointing a monitoring surveyor or sign of valuation GDV and all the necessary insurances, legal fees etc. We secured a large overdraft on his primary residences to fund purchases and development costs.
Developer has been working with a high street bank for 10 years but requires a high loan to enable him to grow his business. We secured him 70% LTGDV at a competitive rate.
Client buying a BNB with no experience requires 75% LTV.
Required 75% loan-to-value on a property which required work. Experience was minimal.
Our client secured a new build block at a discount price. We secured them 75% LTV of the market value (not the block value or vacant possession) at competitive terms.
We have landlords who are continuously buying, renovating and refinancing to grow their portfolio and ensure it is maximising its profitability. These are portfolios that are either highly geared (75%) or lowly geared and seeking the most competitive and flexible lender, e.g.
Client had trouble with their bank securing a commercial mortgage. We secured them a better rate and higher loan-to-value.
Client looking to refinance whole portfolio to release equity for inheritance tax planning and secure competitive interest rate.