Post Type Description

listed building purchase, OX15

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

BTL purchase with gifted deposit, GL12

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

BTL mortgage offer withdrawn, WD19

sold-house-sign

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 He had been let down by his BTL lender, who had withdrawn a previously agreed offer, due to changes in their lending, caused by Covid’s impact on the market.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

Japanese knotweed discovered, CF41

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

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

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

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