The all important figures
Max Loan to Cost
75%
Term
Interest Rate
Lender Fees
ADDITIONAL FEES
Valuation
Additional Legal or Accounting Advice
Lenders Legal fees
As landlords develop their portfolio and require more complex lending they need a broker who can access the commercial market as well as BTL’s.
We meet these demands by having 2 regulatory arms of transacting in the lending world, with access to over 55 lenders for residential and BTL’s and over 350 lenders for commercial mortgages filling a large gap in the market which is underserviced.
Important factors, we take into consideration to ensure the right lending is achieved:
- Lease agreement terms.
- Value of property, as different lenders will use different methods to value the property = MV, MV 90 or MV 180,VP, VP 90 or VP 180.
- Large HMO’s (classed as commercial investment) with no Article 4 may not be valued on the commercial value but Bricks & Mortar.
- Clients Asset & Liabilities, restructuring can help leverage higher or achieve a lower interest rate.
- While talking with your Legal & Tax Advisor to ensure the structure is set up in the best interest for all parties involved.
Supporting you every step of the way.
Victoria Llewellyn, Commercial Mortgage Progressor
CASE STUDIES
Hear our success stories
5+ YEARS OF GROWTH
Highly-Geared Portfolio
We have helped a client over a 5 year period to grow their portfolio from 5 BTL’s to over 30, with a multi discipline portfolio of MUFB’s, Serviced apartments and Professional HMO’s, through gearing their portfolio. They now stand at:
- £14,500,000 Portfolio Value
- £10,585,000 Total Mortgages (73% LTV)
Helped Portfolio Landlord Grow
Helped Portfolio Landlord Grow
Highly-geared client which we continue to help finance purchases and remortgages:
- £14,500,000 portfolio
- £10,585,000 total mortgages (73% LTV)
Refinance of Semi-Commercial Portfolio
Refinance of Semi-Commercial Portfolio
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.
- £3,300,000 value
- £850,000 existing mortgage
- £2,145,000 we refinanced
5 Barn Conversions
5 Barn Conversions & Farm house renovation Development
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.
- £4,125,000 GDV
- £3,197,659 development loan (100% of costs)
- £928,000 net profit
Purchase of Commercial Unit for growing business
Purchase of Commercial Unit for growing business
Client had trouble with their bank securing a commercial mortgage. We secured them a better rate and higher loan-to-value.
- £682,500 mortgage
- £1,050,000 value
First time BNB owner
First time BNB owner
Client buying a BNB with no experience requires 75% LTV.
- £425,000 Purchase Price
- £318,250 Mortgage
First time BNB owner
Landlord Purchasing a 27 Multi-Unit Block
Required 75% loan-to-value on a property which required work. Experience was minimal.
- £937,500 mortgage
- £1,250,000 purchase price
Refinance of Portfolio
Refinance of Portfolio
Client looking to refinance whole portfolio to release equity for inheritance tax planning and secure competitive interest rate.
- £6,500,000 value
- £3,900,000 mortgage
Developer Requiring Large Overdraft
Developer Requiring Large Overdraft
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.
- £4,500,000 value of home
- £2,925,000 overdraft facility
Portfolio Landlord Continuous Transactions
Portfolio Landlord Continuous Transactions
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.
Low-geared client which we refinanced with a private bank:
- £27,000,000 portfolio
- £11,610,000 mortgage (43% LTV)
New Build Multi-Unit Block Purchase from Developer
New Build Multi-Unit Block Purchase from Developer
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.
- £1,500,000 purchase price
- £1,125,000 mortgage
Developer seeking higher gearing
Developer seeking higher gearing
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.
- £2,290,450 development loan
- £3,272,075 GDV
WHATEVER YOUR SITUATION, WE’LL FIND THE SOLUTION THAT FITS
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