client’s circumstances: Clients required £1.63 million to purchase a block of flats, using a corporate vehicle that already held a huge portfolio. The property had recently been converted into 21 newly refurbished units, and therefore had the opportunity to generate good rental income and yields. The client was given three weeks to complete the purchase …

client circumstances: Clients required funds to redeem an existing 2nd charge loan secured over their home in Knightsbridge that had been used to invest into their business. The existing charge was coming to the end of its term and they urgently needed £753,000 to redeem the charge, with the remainder of the funds being injected …

client circumstances Our client had agreed to purchase a property at auction as she wanted to add value to her current portfolio. However, she had been served a notice to close the sale and was under increasing pressure for a quick turnaround of funds, otherwise she faced losing her deposit. The client required £45,500 to …

client circumstances We were approached by a client who frequently targeted investment properties in a rundown state, before making the necessary renovations and selling them on at a decent profit. In this instance, the client needed to raise £306,000 to purchase a Grade II listed building. The contracts had already been exchanged, so she was …

client circumstances Our client was looking to purchase an investment property that required a substantial amount of structural work. His mother had gifted him a deposit of £150,000 but he required a further £120,000 to complete the transaction. The client’s bank would not offer a BTL mortgage with a gifted deposit and as the asset …

client circumstances Our client required a quick turnaround to complete the purchase of a buy-to-let property. He had been let down by his BTL lender, who had withdrawn a previously agreed offer, due to changes in their lending, caused by Covid’s impact on the market. MT Finance solution Even with the tight turnaround, we managed …

client circumstances Our client was looking to raise funds to purchase two investment properties. She planned to refurbish both the assets and sell at a higher value. However, due to Japanese knotweed growing on both sites the client’s BTL lender refused to proceed due to the risk of structural damage to the properties. MT Finance …

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 …

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 …

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 …