This is our dedicated service, specifically designed to meet the needs of high net worth individuals. These typically include; senior management and directors, entrepreneurs, sports and media personalities, partners of professional practices and landed gentry.
Due to the complexities of clients' remuneration and tax affairs, we have identified a niche for flexible underwriting which encompasses provision for enhanced borrowing capabilities, large loan sizes and specialist arrangements.
Case Study
Mr L has 3 properties, each valued at around £2 million. All are unencumbered. One is his main residence, one is rented and the other is currently being refurbished with an intention to let.
Mr L has had an offer accepted for £3.5 million on a new main residence. He would like a facility of £3.1 million to facilitate the purchase.
Solution
He remortgages to raise £1.7 million on his current main residence on a portable 2 year tracker at 0.76% below bank base rate. He also capital raises a further £1.4 million on the investment property, by means of a penalties-free tracker at 0.14% above bank base rate for 2 yearrs.
THIS CASE STUDY AND SOLUTION ARE FOR ILLUSTRATIVE PURPOSES ONLY AND SHOULD NOT BE CONSTRUED AS ADVICE.
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“Thank you for the efficient way you and your team have managed my Remortgage, I do rate you and your company very highly and am very glad to have been introduced those years ago. I have no hesitation at all in recommending you further to friends and family. I have given your details to my son-in-law. I hope we both have a good year together benefiting from your knowledge and skill.”
Mr D L, Northampton
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