Specialist Mortgages | Posted February 14, 2020

Finance Solution Found for BTL Portfolio of Non-Standard Construction

One of our returning clients approached Finance 4 Business looking to purchase a 7 property buy-to-let portfolio with non-standard elements to the construction.

What were the client’s objectives?

The client needed access to finance quickly and requested we identify a lender who could offer maximum leverage, was competitive on rate, could complete within tight timescales and would take a pragmatic approach to the non-standard construction elements.

What solutions did we offer?

Our experienced commercial mortgage team identified potential lenders from our extensive panel and the client selected a lender who could provide a 75% loan to value on a competitive 5-year fixed rate within the client’s timescales.

How did we ensure success?

Our strong relationships with the lender streamlined our communication processes, ensuring all parties worked closely together to achieve the deadline notwithstanding the complexities of the transaction being split into seven components, one for each of the properties.

We also have access to dedicated underwriters, enabling us to package the proposition correctly first time by anticipating what the underwriter would require.

The trust built with the lender through our previous work with them enabled us to provide evidence of the client’s capability to maintain and improve their existing portfolio. As a result, the lender trusted that the properties would be improved and maintained, without the need to restrict the leverage.

Capital Raising

Quote from the client:

The client has been kind enough to provide feedback reflecting on a number of transactions Finance 4 Business have supported them with…

‘Everyone I dealt with was courteous and helpful, but Steven Court has been extremely prompt and efficient in all aspects of the work and any enquiries. This, coupled with his excellent phone manner and experience in this industry, made him stand out to me as someone who is dedicated to his work.‘

At Finance for Business in general, the staff have always been attentive. Everyone that I spoke to at every stage was professional, friendly, courteous and efficient and a credit to the company. I have used Finance 4 Business more than once now for more a wide range of mortgage lending and even more difficult requirements.’

Decorative banner

Ready to Get Started?

Need help or assistance finding the right service? Contact us today to speak to an expert.