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Overcoming the challenges of buy-to-let finance

Overcoming the challenges of buy-to-let finance

ASC were recently able to raise finance for an experienced landlord in Nuneaton to purchase two terraced houses that had been converted into four flats on one title. He had initially approached his residential mortgage broker, who was unable to assist with his normal BTL lenders due to the multiple properties on one title. Fortunately, he then got in touch with ASC Finance for Business.

We were able to obtain terms, and a valuation at the full purchase price, and to progress the deal through towards completion. On the day of completion, however, our client was made aware that the vendor had not disclosed that one of the tenants had given notice, and that another, although up to date with their rent, had a history of defaulted payments in the past. We disclosed this to the lender, but with their help and some undertakings from the vendor and letting agent, it completed a few days later.

“Many thanks again for your hard work and help in getting the loan in place for the houses.”

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We focus on arranging finance for your business...
so you can focus on running your business

10 reasons to
work with ASC

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10 Reasons

Why ASC?

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Why ASC?

You already know that arranging business finance can be a tricky experience.

We appreciate that your time is precious. With our extensive knowledge of business finance available in today’s SME market we can approach the lending institutions that are right for your business finance needs. You will be saved from the frustration of endless form filling, repeated conversations with numerous lenders, and save you from having to provide each different lender stacks and stacks of information.

Our job is to remove the ever increasing number of hurdles that are put in your path, by arranging business finance or commercial finance for you in a time-saving and more efficient manner.

ASC have been established for over forty years and we have experienced more recessions and ups and downs in the economy then we care to remember. Due to our clear focus on independent businesses and entrepreneurs we have developed a track record which is envied by our competitors. You will deal directly with an experienced Director who has a strong commercial background and real experience enabling him or her to find the business finance which is just right for your business.

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The Ten Reasons

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