There’s no stopping the team at James Evans, we continually draw on our wealth of knowledge to get our clients the best deals possible. Whether you are in need of a loan, looking to refinance or purchase a property, you can trust that the team at James Evans will do everything they can to ensure satisfaction, saving you time, money and stress – and enabling you to own the property of your dreams.
Loan Secured Against Main Residence to Finance Start-up Business
A client had inherited a property which was being used as their main residence. The client had recently started their own business and wanted to raise funds to buy equipment and assist with working capital. The team at James Evans arranged a loan to the business secured against their main residence for 24 months.
Due to the cash injection, the client’s projected profit for the business over the next 12/18 months will allow James Evans to refinance the business loan to a new lender upon expiry.
Purchase of Ultra High-Value Property in London with Market Leading Rate
A non-resident, non-domiciled client was hoping to purchase an ultra-high-value property in London.
Our client owned a mortgage-free main residence and investment property. The team at James Evans were able to source a market leading rate at 90% LTV on interest only by using the current main residence as short term collateral until the client was able to reduce the LTV to 85% via a capital reduction. The facility also allowed our client to make large multiple or single capital reductions in line with the future sale of current properties.
Refinance of a Hampstead Property
A client had a complex income structure from both the UK and the US. The client needed to refinance a £7.5m facility from a bank that no longer wanted to support the client.
The team at James Evans agreed a new like for like facility with a new lender on a 5-year term. This refinance reduced the client’s costs by 55bps, saving the client £41,250 per annum – £206,250 over the 5-year term with no AUM needed.