Facility To Expand Property Portfolio

Area
London
Capital Raised
£3.5M

The Scenario:

The client owned four properties worth a total of £4.4M in Notting hill, London. The client wanted to expand his property portfolio but he required funding to secure the land and properties for his next developments; he intended to do this by refinancing his four properties.

The client was reluctant to refinance his four properties with traditional lenders, as he would lose the low interest rates on his mortgages.

The client approached Clifton Private Finance in order to find a way to raise capital without losing his advantageous rates.

Our Solution:

We acted quickly to ensure the client did not lose out on any attractive opportunities, we were able to secure 80% LTV through a second charge on his properties at a low interest rate.

The second charge had a monthly interest of 0.58%, which meant that the client still benefitted from the low rates on his first charge.

The capital raised provided a facility for our client to use for deposits to purchase land and more properties, for his development projects.

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.

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