Case Studies

Holiday Cottage Complex 1, Cornwall Purchase Price £1,350,000

  • Our client had funds of £400,000+ after the sale of his home
  • He required funding of £950,000
  • There was additional outside income
  • There was a need for extra capital repayments without penalty
  • This was the clients first business

We Achieved

  • A facility of £950,000
  • Interest only available for the first year
  • A rate of just Bank Base + 1.3%
  • The ability to pay off capital chunks without any penalty 

Touring Park, Devon Re-Finance £275,000

  • Our client had been paying 2 years interest only and was about to start the capital element of the mortgage
  • The new repayments would be very difficult to meet
  • They were paying a rate Bank base rate + 3% over a 15 year term

We Achieved

  • The commercial mortgage was underwritten within 48 hours
  • A term of 25 years capital & interest
  • A rate of just Bank base + 1.5%
  • This reduced their payments by £1,100 per month
  • In fact the monthly repayments were £100 per month less than their existing interest only period

Holiday Cottage Complex 2, Cornwall Purchase Price £1,200,000

  • Our client required 100% funding as he had not sold his house
  • This was his first business
  • There was additional outside income
  • He had sufficient cash for stamp duty, solicitors fees, etc

We Achieved

  • Full funding of £1,200,000
  • A Commercial Mortgage of £1,025,000
  • Bridging Finance on his home of £175,000
  • Both loans were at only Bank Base + 1.485%
  • Interest only payments were available for the first year

Touring Park, East Anglia Purchase Price £520,000

  • Our client had spent 3 months negotiating with his lender for £260,000 commercial mortgage
  • This had been approved at Bank base + 1.65%
  • However a report showed that there was a potential environmental issue
  • His lender required a 10 year indemnity policy at a premium of £50,000

We Achieved

  • The case was fully underwritten within 48 hours
  • Our lenders environmental experts did not require an indemnity policy
  • Despite the potential risk the rate was Bank base + 1.5%
  • Thus saving the client in excess of £50,000!!

Wilts Hotel Purchase Price £1,020,000

  • Our client approached us to arrange funding for the purchase of the Hotel at £1,020,000
  • A cash deposit of £200,000 was available, the client required funding of £820,000 
  • Accounts showed an average profit of around £90,000 over the past 5 yrs. 
  • This was the clients first venture into the Hotel trade.
  • There was also additional outside income of £55,000.

We Achieved

  • Advance £750,000
  • Loan Term 25 years
  • First 12 months interest only paid quarterly in arrears, improving cashflow.
  • Interest Rate Bank Base +1.75%
  • Vendor Loan £70,000 paid over 5 years.