First-Time Buyer Mortgage for a Mid-Terrace Property
How we helped our client secure secure a mortgage with no deposit but instead was receiving a non-family gifted deposit
Case Study
Development Finance for a Land With Planning
Location
Bournemouth
Property Type
Land with Planning
LTV
74%
Lender
Pivot
Scenario
Client approached us as he wanted to purchase land with planning for 2×3 bed houses but was short on liquid cash funds.
Solution
We secured a facility that released 100% of the funds required to purchase the land and cover the build costs by taking a 1st charge over the land with planning, and an additional unencumbered property that the client had finished and was on the market to be sold. We structured the facility to allow the client to sell the existing finished property prior to the new development being finished without incurring any penalty charges. This helped the client by providing the required cash flow and the flexibility to continue building.
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Get in touch
Whether you’re a first-time buyer, moving home, looking to remortgage or raise a second charge, dive into buy-to-let ventures, or looking to explore development opportunities, we have tailored solutions that cater to your unique needs.
