Residential re-mortgage
- Property value: £3,500,000
- Mortgage: £1,400,000
- Re-mortgage with capital raise to purchase an office building for the clients to work from, with both clients being self-employed and lacking space to work from at home.
- Clients had income from multiple sources and so required a lender who would accept share of net profits in addition to other income.
- Interest rate: 4.75% – 5 year fixed, interest only.