Case Studies

Limited company property purchase, BA22

Client’s circumstances

MT Finance was approached by clients looking for £377,000 to purchase a £1 million investment asset using a corporate vehicle that already held 4 other properties. Due to the extended arrangement period on limited company mortgages, the borrowers opted for bridging finance so not to miss out on a fantastic investment opportunity.

MT Finance solution

We provided a £377,000 bridging loan over their main residence, at 37% LTV based on open market value. No personal guarantees were required.

The benefits

In just under 2 weeks, the clients were able to purchase the investment asset and the 12-month term gave the client plenty of time to refinance with a long term buy-to-let mortgage.

quick enquiry

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