Capital Raise On Property In Milton Keynes To Finance Divorce Settlement
The Scenario
The client, whose main residence and company was under the same title, wanted to pay off his existing mortgage. In addition, the client was going through a divorce at the time and needed further finance for the settlement.
The client needed to raise £500K to pay off his main residence and company title mortgage and a further £1.2M to satisfy the divorce settlement.
Our Solution
We were able to raise the capital our client needed against some of his other existing properties, to enable our client to pay off his residential mortgage. We were then able to negotiate with a private lender to raise an additional £1.2M with interest only terms.
Furthermore, we secured the favourable terms on the additional £1.2M until our client’s divorce proceedings concluded; a full 8 months later.
Our client was able to settle his divorce proceedings and live in his residential property mortgage free.
More information on HNW mortgage solutions
Jack Spillane
Finance Broker
Bristol
0117 959 5094
Is your situation similar to this? I specialise in helping clients who need creative development finance solutions, and second-charge mortgages. Give me a call any time and we can set up a detailed discussion of the finance you need.
Mathew Phillips
Finance Broker
Bristol
0117 959 5094
Are you in a similar situation? I specialise in bridging finance at Clifton Private Finance - I will find you the best funding solution for your property transaction.
Alex Chambers
Senior Finance Broker
Bristol
0117 403 4324
Are you in a similar situation? I am a specialist in residential and investment property finance for UK and international clients at Clifton Private Finance. Please don't hesitate to get in touch for a no-cost discussion of the finance you need.
Luther Yeates
Senior Finance Broker
Bristol
0117 244 5561
Are you looking for a similar type of property finance? I have extensive experience finding residential and investment property finance for UK and international clients. Please get in touch and we can arrange a time that's convenient for you to discuss your situation.
Sam ONeill
Senior Finance Broker
Bristol
0117 959 5094
Is your situation similar? I am a bridging finance specialist at Clifton. I can find a quick, cost-effective solution for the funding you're looking for.
Robert Gibb
Senior Finance Broker
Bristol
0117 959 5094
Are you looking for mortgage or short-term finance for residential or buy-to-let property (including HMOs)? I have extensive experience in finding property finance solutions for UK and international clients, both as individuals and limited companies. Please give me a call and let me see what I can do for you.
Adam Arnott
Associate Director
Bristol
0117 205 0214
Is your situation similar to this? I have extensive experience of advising clients who need creative property finance solutions. Please get in touch and we can arrange a time that suits you for a detailed discussion of your requirements.