Alburys Financials is delighted to announce the completion of a £1M BTL mortgage.
THE SCENARIO
Our client is highly experienced in property refurbishment, both contractually and speculatively.
SECURITY
The property is a terraced house in W2 London which has undergone extensive refurbishment.
REQUIREMENTS
The client was looking for a buy to let remortgage, fixed for 5 years for an amount of £1M which was used to repay the current lender and capital raise for further projects.
OUR SOLUTION
Security Value £ 1.7M
£1M Gross loan
60% LTV
£450k Capital Raise
4.09% pa Fixed
120 months term
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.