Alburys Financials is delighted to announce the completion of a £3.9M BTL remortgage on a block of flats in Cobham, Surrey.
THE SCENARIO
In this case, the Borrower was a UK-based property investment business with UK-based shareholders and directors. The security was a freehold block of 18 flats in Cobham, Surrey
REQUIREMENT
In order to obtain a better deal and the peace of mind that comes from knowing that their payments will remain fixed for 5 years, our Client decided to refinance through us instead of their current lender.
OUR SOLUTION
Security Value £6M
£3.9M Gross Loan
65% LTV
£125K Capital Raise
2.95% pa 5 yr fixed
1.6%Arrangement Fees
Interest Only
These are details of a previous deal we have helped our Client with. Any rates or terms expressed in this case study were specific to those clients’ circumstances and may not be available now. Therefore, any terms or rates offered to you may differ and will be subject to status.
If you have any questions or wish to discuss any funding requirements, please don't hesitate to contact us. We'd love to hear from you.