Securing property finance against the odds

We do property finance all day, every day. So, when the circumstances aren’t ideal, we know how to get the deal done. From refinancing to arranging mortgages for investment or business growth purposes, we manage the full spectrum of property finance transactions.

To give you a flavour of our expertise and demonstrate the value of using an experienced broker, here are some recent examples of our less straightforward property finance completions:

• £1.125 million to purchase an owner-occupied retail jewellery premises. The client wasn’t expecting to be offered the freehold, so they had some extraordinary costs in their latest accounts. These costs affected serviceability. However, we demonstrated to the lender that these were “one-off” costs which wouldn’t affect the ability of the business to repay the debt and secured the finance.
• £375,000 to purchase a block of four commercial units – one unit occupied by our client’s mobile accessory wholesale business, the other three let. We secured a 75% loan-to-value trading business loan facility despite most of the security being classed as investment.
• £340,150 to refinance two recently completed barn conversions and replace development finance. This refinance wasn’t straightforward as it involved a complex title structure with the two converted barns over three titles.
• £265,000 to purchase a pub that had closed several months previously. The clients had no experience owning a business or running a pub. We approached the right lender and put a good case forward, supported by a thorough business plan from the couple, to secure the finance.

While we relish a challenge, we love assisting clients with more straightforward property finance requirements. Here’s a small selection of recent property completions that were less tricky to secure:

• £2.6 million to purchase the freehold of a central London Korean restaurant from the landlord.
• £450,000 to refinance a camping and farm shop business in Dorset following a partnership dissolution.
• £700,000 for a couple to realise their dream and buy a trout fishery business on the South Downs.
• £290,000 for a growing scaffolding business to secure larger business premises.
• £245,000 to purchase (at auction) and reopen a former café/takeaway.
• £116,000 to purchase the freehold of a semi-commercial property after the lease came up for renewal.
• £105,000 for a sitting tenant to purchase a letting agent premises.
• £72,000 to purchase a leasehold fish and chip shop.

No matter how complex your property finance needs, we have the expertise, knowledge and tenacity to secure the funds you need. To make your property ambitions a reality, get in touch.