Client: £3,500,000 High Net Worth Remortgage — Portfolio Landlord
Deal Value: £3,500,000
The Challenge
The client's existing mortgage deal was coming to an end across three properties simultaneously, with a total remortgage requirement of £3.5M. Their income was derived entirely from rental receipts and dividends from a holding company, making standard affordability assessments difficult. Several lenders refused to consider the application due to the complex corporate structure.
The Solution
We identified a specialist lender experienced in portfolio landlord cases and complex corporate income structures. We packaged the case with full accountant certified accounts, rental schedules and a detailed asset and liability statement. All three properties were refinanced under a single application streamlining the process significantly.
The Outcome
The client secured a significantly better rate than their existing deals, reducing their monthly mortgage costs considerably. The remortgage completed within 6 weeks across all three properties simultaneously, releasing additional capital for future investments.
They handled everything from start to finish. What seemed like an impossible remortgage was completed smoothly and saved us a substantial amount every month.
— Client — Portfolio Landlord, Midlands