Post Type Description

Redeeming charge on semi-commercial property, RM14

high-street

Client circumstances Client was in the process of extending his semi-commercial property, consisting of a restaurant and 2-bed upper flat. The client required funds in order to redeem an existing first charge secured over the property but the lender who had originally agreed to redeem the loan could not proceed, as he had deviated from

Cross charge auction purchase, BS16

residential-property-overview

Client circumstances Client required funds to complete the purchase of a recently renovated 6 unit HMO at auction. The property presented a high yielding investment opportunity. The client had been served notice on the auction purchase and time was running out and he faced risking his deposit. MT Finance Solution Our client owned numerous buy-to-let

Semi-commercial Auction Purchase, SW11

london-property

Client circumstances The client required £400,000 to complete the purchase of a semi-commercial property via auction.  With only 3 weeks to complete the transaction, time was running out and he faced risking his deposit. MT Finance solution On receipt of the enquiry we issued an offer in principle to the client and was able to

2nd Charge to fund works, CM16

Client circumstances Client needed funds to complete works on their investment property but their lender had unfortunately pulled funding on the day their loan was due to complete. The client’s broker approached MT Finance to see if we could step in. MT Finance solution As soon as we received the case, our underwriters were straight

LTD Company Commercial Purchase, DA1

storage-units

Client circumstances Clients were leasehold owners of a commercial unit, where they had operated their private security company from for a number of years and when the freehold came up for sale, the company were keen to purchase it. The clients had been let down by another lender who were unable to proceed, and needed

Fast investment property purchase, NR10

residential-property-birdseye

Client circumstances Our client had 10 days to complete a purchase of an investment property which he had agreed to buy for £355,000. They needed to move very quickly in order to take advantage of the opportunity. MT Finance solution The client had previously had a valuation report undertaken on the property by another lender

Two storey extension in 10 days, SL4

Structural works

Client circumstances We were approached by a client who wanted to add value to their buy-to-let property before they put it on the market. The required capital was to finance the conversion of an existing one bedroom flat into a two-bed, and to create a two-storey extension at the rear of the property to make

Second charge loan redemption, N13

Buy-to-let hotspots

Client circumstances Our client was in the process of selling his property that had an existing second charge loan that was due for redemption in just 15 days, but the process was taking longer than expected. The client was feeling the pressure and urgently required £185,500 to redeem his existing 2nd charge loan that he

Commercial property purchase, PE2

Lending to value

Client circumstances A Ltd Company needed funds to purchase a vacant commercial office block in Peterborough, which they intended to modernise and let out. The company had a specific completion date and were unable to obtain a commercial mortgage in the time-frame required. MT Finance solution We provided a £600,000 commercial short-term loan, at 45%

Auction property purchase, FY5

Auction property purchase

Client circumstances The client required £122,000 to complete the purchase of an investment property via auction.  He approached his existing mortgage lender but the deadline for completion was tight. Time was running out and he faced risking his £50,000 deposit. MT Finance solution On receipt of the enquiry we issued an offer in principle to

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