Client seeking to remortgage an industrial units he lets to his limited company but has been turned down as he has one CCJ for £600 which is satisfied. The current rate is 9.5% and our new lender has offer a remortgage of his £650,000 at 4% so there would be a saving on interest of £35,750 per annum which over a 15 year mortgage that could be a saving of £536,350.
Client had invented a specialised system for trucks and need finance to continue the development and to bring into full production. Our lender offered 100% finance £1.5 million for a share in the new company. We are able to place deal like this save going on TV in the Dragons Den
Client was seeking to establish a lap dancing club and fetish bar and had approached all the high street lenders who did not wish to lend so came to us. We were able to find the finance for the project and help establish the club.
Our Client owned a ground floor shop in Fulham and had recently obtained planning for its conversion to residential but decided to sell and needed to raise a deposit for the purchase of another property. The shop was worth £160,000 and we obtained a bridge for £96,000 at a rate of 1.75% per month.
Client previously owned a nightclub but it went into receivership and we were asked to arrange a bridge to buy the closed club back from the receiver. As there were no up to date accounts we were able to arrange a loan against the club and against the client's house giving a total of £470,000.
Client had started building a house for his son but ran out of money, had arranged a long term mortgage for the son but the lender would not release funds so we were able to arrange a bridging loan for £36,000 to finish the house at a rate of 2% per month.
Client ran a development company, but the lender pulled out of the market when the development was half finished even though parts of it were pre sold. We were able to arrange a loan to buy the property back and arrange a development loan to complete the development - a total loan of £3,360,000 at a rate of 1.75% per month was offered to the client.
Client purchased a house, which had planning permission, to be converted into two apartments. We arranged a loan of £380,000 which was 100% of the purchase price, using the equity in the client's private house, at a rate of 2.5% above bank base rate.
Client wished to buy two 'Buy to Let' properties in two different countries. Our lender was able to lend up to 75% LTV and at a rate of 1.5% over base and even did it in US Dollars for the client.
Client owned a restaurant and had planning to convert the upstairs into 3 self contained flats. We were able to raise a loan for £255,000 to remortgage and to convert the upstairs at a rate of 2% over bank base.
Client wished to purchase a lease a leasehold car park in London and asked us to obtain a bridge for speed and a long term loan. The car park was valued at £3 milion and we were able to arrange a bridge for £1.75m at 1.75% per month and a long term loan of £1.8m at 2.5% above base rate.
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