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Residential street in England

REFINANCE OF A 2 BED FLAT

CASE STUDY

£590,000

7.79% pa

65% LTV

36 MONTHS

The brief

Our solution

Underwriter quote

We delivered a 3 year BTL facility at a rate of 7.79% per annum at 65% LTV. 

The client, a foreign national who had moved to the UK 10 months prior, needed to refinance their maturing bridging loan which had funded the purchase of a recently constructed 2 bedroom apartment in London.

"Taking into account the minimal UK credit footprint of the borrower, consistent communication from both the introducing broker and client was essential to complete the loan before their looming redemption deadline."

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