James Evans Financial Services First Trip of the 2019 to New York City
Yes we braved the COLD of the East Coast of America. We have been visiting clients and banks in NYC for the past 5 years, in that time we have grown from 5 initial appointments to a fully booked diary over a week for two advisors.
14-Day Property Refinance
One of our clients had reached the end of their current mortgage term and did not realise the implications. The existing lender required our client to refinance as soon as possible to avoid severe financial penalties and adverse credit.
The luxurious property was located in a prime location and had to be valued in line with expectations. The client’s income was derived from a number of on and offshore entities.
We were able to source a suitable lender promptly with 12 months of payments incorporated into the loan, meaning our client’s cash flow was significantly improved. The refinance was completed within 14 days from the start of the application.
Mortgage Secured For New Main Residence
A client was an employee of a large company and undertook a Management Buyout 6 months ago, meaning that he was now classed as self-employed.
The client had no tax returns and could not be assessed by his previous bonus performance or the past performance of the company under previous ownership. Despite this, we were able to secure a mortgage for him to purchase a new main residence.