The Requirement: A 1m loan against a property with a 12 year lease, and subsequent additional funding to assist with the 2m cost of the 90 year lease extension. The Solution: 70% loan-to-value on the purchase price (1.45m), and then …
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The Requirement: £4.5m mortgage facility secured against 2 London properties to release equity to be used to re-structure a non UK property loan. The Solution. 1.95% over 3 month libor for 5 years with no early repayment facilities. The clients …
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The Requirement: 2.25m loan against main residence of 4.5m, to pay off a loan from an offshore company before a recent HRMC rule change resulted in tax being due. The Solution: 2.5% over base on a revolving facility basis, which …
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The Requirement: £4.2m mortgage secured against a new property valued at £7m. Clients main income was not sufficient in itself to fully cover the debt, but background assets provided enough to convince the bank to lend. The Solution: Full mortgage amount agreed …
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