client’s circumstances Our client was extending and converting a single residential property into 2 semi-detached residential properties. As part of the transaction, the client was also raising £350,000 to buy out the existing business partner’s share in the property. MT Finance solution We provided a 1st charge bridging loan of £480,000 at 60% of the …

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 …

client’s circumstances A client had 10 days to complete a purchase of an investment property which he had agreed to buy off-plan in 2012 for £255,000. He had been served a Notice to Complete by the developer and risked forfeiting a £50,000 deposit. MT Finance solution With 7 days remaining until the notice expired, MT …

client’s circumstances Client required £215,250 to purchase a property of 10 flats and carry out some refurbishment works. The client needed to act quickly so not to miss out on the opportunity. MT Finance solution In just under 3 weeks, we provided a £214,000 loan at 65% LTV, based on an open market value of …

client’s circumstances Client required £917,000 as a second charge loan on her £5.2m property. The funds were to redeem an existing £700,000 2nd charge coming to the end of its term, with the remainder of funds to put towards refurbishment works on an investment property that the client planned to sell. MT Finance solution In …

client’s circumstances Our client required £2.5 million to redeem an existing 2nd charge that was coming to the end of its term, on her £8.5m home. The client was part way through refurbishing her investment property but the project had been severely delayed. She didn’t want to remortgage as she intended to sell the investment …

client’s circumstances MT Finance was approached by clients looking for £108,000 to complete an auction purchase, plus renovations via a special purpose vehicle (SPV) limited company. The SPV has three directors and one corporate shareholder, sharing a large buy-to-let property portfolio. The clients needed a specialist lender as they intended to rapidly refurbish and develop …

client’s circumstances Our client required funds to complete the purchase of a commercial property, which they planned to convert into a house of multiple occupation (HMO). The vendor had set a specific timescale for completion, therefore the client needed to act quickly in order to capitalise on this valuable opportunity. MT Finance solution MT Finance …

client’s circumstances MT finance was approached by applicants looking for £649,000 to purchase their business premises. The clients had been given a good deal by their vendor, but needed to act very quickly. With only three weeks to complete the purchase, the borrowers approached MT Finance, as their mortgage provider was unable to complete within …

client’s circumstances MT finance was approached by a developer focussed on an investment property worth £330,000 in London that had a good letting potential. He wanted to buy, refurbish it, and then rent it out but was unable to get a buy-to-let mortgage as the property was uninhabitable. MT Finance solution MT Finance provided a …