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
Mortgage for a Semi-Commercial Property
Location
Bournemouth
Property Type
Semi-Commercial
LTV
75%
Lender
Hampshire Trust Bank
Scenario
Client was looking to purchase a semi-commercial investment property to add to his portfolio and needed to max raise to keep initial cash input to a minimum. The property consisted of a retail unit and a large 3x bed flat that required updating.
Solution
To avoid the client incurring the costs associated with a bridging loan facility, we advised the client to negotiate with the vendor to allow for works to be completed during exchange period – we then arranged a semi-commercial mortgage against the uplifted value on a 10 Yr Interest Only Mortgage.
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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.
