Release Equity to Pay off Residential Mortgage

Area
Torquay
Capital Raised
£800k

The Scenario:

Our client, an experienced landlord, owned a large property portfolio and wanted to remortgage some of his buy to let properties.

Remortgaging a property can be an efficient way to release the equity in a property.

The client intended to remortgage a selection of his buy to let properties in order to repay off his existing residential mortgage.

Unfortunately, high street lenders were not prepared to remortgage his buy to let properties despite our client’s impressive portfolio.

Disappointed with the banks refusal to remortgage his properties, our client approached Clifton Private Finance for assistance.

Our Solution:

We offered our client the choice of securing the loan against his strong portfolio or against the properties individually.

We then arranged a bespoke financial solution: by spreading the mortgages across three lenders we were able to greatly reduce the interest rates and the cost to the client.

Do you wish to remortgage your property? Are you in a similar position? To investigate your finance options call our team on 0117 959 5094 or fill in our call back form.

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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