Substantial Country Property

• Property value: £18,500,000
• Revolving Line of Credit: £9,750,000
• Committed 15-year revolving line of credit. Monies can be drawn at any time for any purpose and can be redeemed without cost or fees.
• Interest-only charged on monies drawn with no non-utilisation fees, essentially the client will only pay for what they use.

 

• Location: Surrey
• Property value: £3,000,000
• Loan: £2,550,000
• The client had no earned income and was not drawing investment returns. We were able to monetise the client’s assets to show the serviceability of the loan over the period.
• Interest-only Loan over a 10 year term, 85 % LTV.