Wishing you a Merry Christmas
and a Happy New Year
James Evans has ended 2018 on a high note. As well as our enquiries for the year exceeding £1 billion, we have also just completed our largest ever UK deal! Read about this and more of our 2018 highlights and successes below.
We completed our largest ever UK deal
We end the year having just completed our largest single UK residential mortgage to date!The purchase was a substantial prime central London residential asset with a mortgage in excess of £21,000,000. We negotiated a 1.99% all-in fixed rate for 5 years on a 20-year loan commitment – with a 70% LTV part interest only, part repayment. There were no lender set-up fees with no requirement for Assets Under Management or banking.
And the whole thing was completed within 6 weeks!
We celebrated a big birthday
We introduced 2 new services
- Luxury & classic cars
- Historic cars
For more information about either of these new services, please click here.
We made our quickest ever US completion
2018 saw our quickest ever US completion – a swift 30 days from start to finish! The purchase was a $4m USD San Francisco mansion. The client was a UK resident, who intended to live and work in the US permanently, but did not have US citizenship, a Green Card or US Social Security Number.We managed to secure an LTV of 70% against the purchase price and a further $1m USD (secured against USD cash) was agreed to help renovate the property. The property, which is personally held, is in the prime location of the Silicon Valley catchment belt.
…and our quickest ever exchange – just 3 weeks!