Our clients (portfolio landlords) purchased the site in 2015 in a limited company name where the ownership was held; 50% personal name and 50% in a trust. They had developed the site to 4 x new build flats and 7 x new build houses.
After selling 1 x flat and 3 x houses, the re-mortgage requirement was for one loan application for the remaining 4 x new build houses and 3 x new build flats all on separate titles allowing the client to capital raise for further property investment.
Value; £760,000
Loan; £454,500 (% LTV)
Term; 5yrs
Repayment; Interest only
Please feel free to complete our form and one of our friendly team will happily contact you.
VIBE are UK mortgage specialists in property-based finance for all types of commercial and residential property mortgages including protection.
YOUR HOME IS AT RISK IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR OTHER LOAN SECURED ON IT.
VIBE may receive commission from the lender for the arrangement of your mortgage, this amount will be disclosed on receipt of the lenders offer.
VIBE Specialist Finance
H4 Daedalus Park
Daedalus Drive
Lee on the Solent
PO13 9FX
Phone: 01329 277 599
Email: [email protected]
VIBE Financial Services Limited (Company registration number: 10979822) is authorised and regulated by the Finance Conduct Authority (No.798033) VIBE Specialist Finance is a Trading Style of VIBE Financial Services Limited.
VIBE Mortgages Ltd trading as VIBE Mortgages & Protection (Financial Conduct Authority number 966737) is an Appointed Representative of Complete FS Limited which is Authorised and Regulated by the Financial Conduct Authority number 738129