Case Study:
£2.78m mortgage at 87% Loan to Value
The Requirement: Partner in city firm buying a property at £3,200,000. Current deposit outside all lenders LTV limits.
The Solution: Bespoke product created achieving 87% loan to value @ BBR +2.24% for 5 years with no early repayment penalties.
Written into mortgage contract that loan be repaid to 79% at next round of partnership distributions to bring in line with standard criteria.
The Broker: Hugh Wade-Jones

