Case Studies


Borrower:
Loan:
Term:
LTV:
Security:
Purpose of Loan:
Close to Bridge:
 NH Ltd and Mr M.
£138,750
Two Months
75%
Land with Planning permission for two houses. Valued at £185,000
To complete purchase of land.
Sale of land already proceeding with solicitors at £220,000.

Borrower:
Loan:
Term:
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Purpose of Loan:

Close to Bridge:
 Mr B.
£485,000
Three Months
83%
First charge over nine apartments in Warrington. Valued at £580,000.
Completion on the nine apartments at a bulk discounted price of £485,000.
Re-Mortgage of apartments on Buy-To-Let mortgages raising in excess of £490,000 arranged by Broker.
Achieved over 100% Gearing

Borrower:
Loan:
Term:
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Purpose of Loan:
Close to Bridge:
 Mr & Mrs O.
£108,000
Two Months
68%
First charge over terraced house valued at £160,000. Also first charge over the client's unencumbered main residence in London not valued but estimated at £400,000.
To complete on purchase, finish off building works.
Release of full retention on Buy-To-Let mortgage arranged by Broker.

Borrower:
Loan:
Term:
LTV:
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Purpose of Loan:
Close to Bridge:
 Mr E.
£180,000
Two Months
75%
First charge over new build detached house. Valued at £240,000.
Completion on purchase.
Pre-arranged sale to an investor.
Funds released within three working days

Borrower:
Loan:
Term:
LTV:
Security:
Purpose of Loan:

Close to Bridge:
 Mr H.
£420,053
Two Months
66%
Block of nine apartments. Valued at £240,000.
Completion balance on nine individual apartments. Bought at £547,000.
Re-mortgage of apartments on Buy-To-Let mortgages raising £533,930 arranged through Broker.
Achieved 97% Gearing

Borrower:
Loan:
Term:
LTV:
Security:
Purpose of Loan:

Close to Bridge:
 Mr B.
£428,571
Two Months
68%
Seven residential investments in Liverpool. Valued at £630,500.
To provide deposit on the above deal plus achieving maximum gearing.
New facility on existing portfolio arranged with bank through Broker.

Borrower:
Loan:
Term:
LTV:
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Purpose of Loan:
Close to Bridge:
 Development Company
£1,200,000
Two Months
44%
Development site with planning permission and a site with hope value.
Capital raising for the acquisition of a further site.
New development facility arranged with bank through Broker.
Funds released within Four days of initial meeting

Borrower:
Loan:
Term:
LTV:
Security:
Purpose of Loan:
Close to Bridge:
 Residential Investor
£116,000
Two Months
70%
New apartment which had been purchased off plan.
Completion on purchase while Buy-To-Let mortgage processed.
Buy-To-Let mortgage through an introducing Broker.
Funds released within 28 hours of initial meeting