Case Study:
Large Buy To Let Facility
The Requirement:
A buy to let remortgage of 60% value against £1.6m, in a LTD company name. No other bank would consider the application: the maximum loan on the high street would be £500,000, with fees of 2.5% and a rate of around 4%.
The Solution:
We secured a facility for the client at LIBOR + 2.5%. In addition, further properties can be switched over time into the LTD company name and added to the portfolio without the terms being affected.

