Second Charge Mortgage To Secure Share Option Investment Opportunity

Area
London
Capital Raised
£45K

The options for UK homeowners who are looking to raise finance without touching their first mortgage are increasing with a number of UK lenders offering flexible secured loan solutions.

An example of a recent case where funding was secured quickly on a second charge loan basis was for a couple where one of them was offered an attractive stock option by their long term employer. Having taken independent advice the option was considered too good not to take up.

In situations like these a number of lenders will take a flexible approach and so a lender was sourced who was comfortable with the reason for the loan. At the same time the client's first charge lender was consulted to ensure they were happy for a second charge mortgage to sit behind the first charge mortgage.Supplying 3 months payslips the loan was underwritten using the client's house as security which had adequate equity after a valuation was completed. As part of the application process the borrower had to confirm that the share purchase would not materially change his employment status and salary position.

The process was relatively quick with funds being released within 20 days of application which allowed time for the share option to be exercised.

In a similar position? Please call our broker team on 0117 959 5094

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.

Contact Us