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A selection of our completed deals

Development Finance

Date completed: 29th August 2018

Loan amount: £160,000

Location: Manchester

Description:Our client, who is based overseas, created a Limited company in order to grow their property portfolio and complete on the purchase of a residential investment property in Manchester – which is now tenanted and generates £600 per month in rental income. Our clients business plan is to replicate this and grow their business. Whilst the number of UK banks willing to support property investors based outside of the UK in minimal, Watts work closely with two or three lenders who are able to provide this funding. We were able to provide a facility for our clients business to grow further.

Unsecured Business Loan

Date completed: 28th August 2018

Loan amount: £100,000

Location: Yorkshire

Description:We were approached by a luxury car dealer who wanted to spread their tax bill over a longer, more manageable period. We were able to source an unsecured business loan for the client with a 5 year term. The facility was in place within 2 weeks of our initial meeting with the client.

Unsecured Business Loan

Date completed: 27th August 2018

Loan amount: £100,000

Location: Sheffield

Description:Our client was introduced to us by their accountant to help identify a more affordable invoice finance facility. From meeting the client, having an in depth review of their needs and through further discussions with their accountant, we established that the best outcome for our client would be to settle the Invoice Finance facility by raising an unsecured business loan instead. We settled off the £60k and provided an extra £40k to provide additional cash-flow to support future growth.

Unsecured Business Loan

Date completed: 23rd August 2018

Loan amount: £120,000

Location: Manchester

Description:Our client was looking to expand their fleet to enable expansion of the business due to new contracts. We quickly arranged unsecured funding for them to purchase new lorries. The deal completed quickly with our client in receipt of funds within 2 weeks.

VAT Bridging Loan

Date completed: 23rd August 2018

Loan amount: £75,000

Location: Liverpool

Description:Our client needed finance to purchase land without planning permission albeit they had positive commentary by way of pre-planning approval. The loan required a quick completion in order to secure the purchase as there was notable interest from other parties. As the property was also subject to VAT, we sourced and a provided a VAT bridging loan to complete the purchase within the clients timescales.

Unsecured Business Loan

Date completed: 20th August 2018

Loan amount: £30,000

Location: Birmingham

Description:Our client is in the building industry and has been trading for less than 1 year. They do not own a residential property and have a poor credit history. While high street banks and other brokers could not assist them, we were able to source a £30,000 unsecured business loan while arranging an additional asset finance facility against the company’s vehicles. We completed the deal within 2 weeks from start to finish.

Commercial Mortgage

Date completed: 15th August 2018

Loan amount: £155,000

Location: Telford

Description:Our clients are ex-pat who had been living outside the UK for over 10 years and wanted to purchase a residential investment property via a limited company and using additional property as makeweight security. Unable to source a mortgage with traditional lenders, we were able to identify a suitable facility with a specialist commercial lender who offered terms within 48 hours to enable our client to secure the property with the selling agent.

Secured Business Loan

Date completed: 8th August 2018

Loan amount: £50,000

Location: Darlington

Description:Our client wanted to raise working capital secured against business premises. We were able to secure competitive terms quickly and release funds within 10 working days to provide our client with an injection of funds to fulfil an order.

Unsecured Business Loan

Date completed: 6th July 2018

Loan amount: £34,000

Location: North Wales

Description:Our clients required a facility to expand their very successful restaurant business which they had set up 18 months previously. They agreed a lease on a property in North Wales and required help with the refurbishment costs. We successfully arranged an unsecured loan and our clients new restaurant opened in early August.

Commercial Investment Mortgage

Date completed: 31st July 2018

Loan amount: £712,500

Location: Cheshire

Description:Our clients wanted to release equity against a commercial investment property - a 14,800 sq ft warehouse in Cheshire. We were able to secure competitive terms at 75% LTV over 25 years, allowing our clients to release funds to be used towards other investments.

Unsecured Business Loan

Date completed: 31st July 2018

Loan amount: £225,000

Location: Shropshire

Description:Our client was introduced to us by another broker who had fallen ill and was unable to work. Our client required £175,000 to support their cash flow / working capital and had an existing unsecured facility of £50,000. We were able to secure a new unsecured business loan for £225,000 at a more competitive rate.

Commercial Mortgage

Date completed: 26th July 2018

Loan amount: £1,000,000

Location: Lancashire

Description:Our client, an experienced landlord and developer had converted an old commercial building into a mixed use semi-commercial property comprising 8 retail units and 12 apartments - all of which had been recently tenanted. While this was funded privately, we were able to secure a long term mortgage which enabled him to recoup his investment and utilise these funds to use on his next project.

Unsecured Business Loan

Date completed: 25th July 2018

Loan amount: £100,000

Location: Sheffield

Description:Our clients' business had grown to the point where they were struggling to manage their cash-flow. This meant that they were utilising an invoice finance facility to assist them. The business deals in the provision of staff in the healthcare sector and they had a time delay from when they had to pay their agency staff to when the monies were received from clients. As our client was looking to save on the cost of their invoice finance facilities, we also looked at alternative solutions. Once we had looked at all options, our client opted for an unsecured business loan which proved with more flexible and cost effective for their requirements.

Commercial Mortgage

Date completed: 23rd July 2018

Loan amount: £95,000

Location: Stoke-on-Trent

Description:Our client, a first time property investor, wanted to purchase a HMO property at auction. A commercial mortgage was agreed in principle prior to the auction with a valuer lined up to inspect subject to the client being successful. Upon successful purchase, the valuation was instructed and the report received within 5 days. Legals were instructed and the purchase was completed within the Auctioneers 28 day deadline.

Development Finance

Date completed: 13th July 2018

Loan amount: £2,009,000

Location: Ormskirk

Description:We were delighted to work again with one of the North West's most experienced developers assisting with the funding for an 8 house scheme in Ormskirk. The deal completed in line with the clients requirements and we look forward to watching the site develop.

Development Finance

Date completed: 22nd July 2018

Loan amount: £2,200,000

Location: North West

Description:Our client had an opportunity to purchase a part-completed development site which had gone into administration. We quickly arranged a meeting with a suitable lender who was willing to provide £1.35m on purchase and a further £85,000 towards the development costs. The valuation and QS reports were obtained efficiently whilst legals were instructed. The deal completed within 5 weeks of instruction and within our clients timescales.

Acquisition Funding

Date completed: 20th July 2018

Loan amount: £200,000

Location: Cheshire

Description:Our client has an existing successful business and wanted to acquire a complimentary business. They had approached their own bank who advised the process would take 12 weeks while we were able to source suitable funding and complete within 7 days. Our client opted to work with us to complete swiftly.

Residential BTL Portfolio Finance

Date completed: 18th June 2018

Loan amount: £1,081,500

Location: Cheshire & Staffordshire

Description:Our client was looking to refinance an existing high street loan facility that had reached maturity and the bank were not prepared to put new terms in place. The portfolio consisted of 20 properties with a large majority of individual property values less than £75,000 providing an additional hurdle to overcome. We were able to secure a competitively priced facility and our clients solicitors managed to complete the refinance within 10 days allowing the existing facility to be redeemed prior to additional charges being applied.

Commercial Re-Mortgage

Date completed: 29th June 2018

Loan amount: £1,012,500

Location: Accrington

Description:Following a recommendation, our 60 year old client approached us to re-finance his portfolio of 24 properties as his term with a high-street lender had expired. As our client had low property values on each property, he had struggled to secure funding from a high-street lender, however we were able to obtain a 10 year interest only mortgage across the whole portfolio. Also, as only one of the properties required a valuation in full and the remaining 23 properties being done via desktop valuation, we were able to save our client in the region of £6,000 on their valuation fees.

Commercial Mortgage

Date completed: 26th June 2018

Loan amount: £35,000

Location: Liverpool

Description:Our client needed to raise some capital to pay a tax bill. We successfully refinanced a commercial investment property which was free from mortgage. The deal was quickly approved and valuation instructed with draw down within a few weeks - meeting our clients tight timescales.

Commercial Mortgage

Date completed: 22nd June 2018

Loan amount: £1,200,000

Location: Lancashire

Description:Our client runs a successful business and had been presented with the opportunity to purchase the warehouse he was renting. He approached us to assist as his requirements and circumstances did not fit the criteria of a number of high street banks. We successfully placed the deal with a specialist lender who, once they had seen the clients business, moved swiftly to release the funds. This enabled our client to complete the transaction smoothly.

Commercial Mortgage

Date completed: 15th June 2018

Loan amount: £2,665,000

Location: Manchester

Description:Our client is a long term developer of student accommodation and required funds to refinance part of a purpose built student accommodation block. We successfully placed our client with a lender who was able to meet their required deadlines.

Development Loan

Date completed: 13th June 2018

Loan amount: £1,193,750

Location: York

Description:Our client required a development loan to build 6 houses in North Yorkshire. We were able to source a lender who could give them the maximum loan amount with interest roll up.

Development Loan

Date completed: 7th June 2018

Loan amount: £6,028,400

Location: Birmingham

Description:Our client, a long-standing property developer - approached us for funding to assist with the development of a mixed retail and student accommodation scheme. Finance was provided to re-mortgage the existing borrowing and provide 100% of the development finance to be drawn in stages, ready for the student in-take in September 2019.

Commercial Mortgage

Date completed: 22nd May 2018

Loan amount: £569,531

Location: Liverpool

Description:We were approached by our client who had previously purchased a property that consisted of 5 self-contained flats with a bridging facility. We successfully secured a commercial mortgage for our client allowing them to pay off the bridging facility in full.

Commercial Mortgage

Date completed: 29th May 2018

Loan amount: £81,250

Location: Carlisle

Description:Our clients wanted to purchase a semi-commercial property which consists of a Chinese takeaway and a 3 bedroom flat above. We were able to secure the finance within the timescales set by our client.

Bridging Loan

Date completed: 18th May 2018

Loan amount: £140,000

Location: Hertfordshire

Description:Our client committed to an auction purchase but was declined by their original bridging lender based on the valuation report, as parts of the property were not of standard construction. We were able to source a bridging lender who relied upon their local panel valuer for a more detailed report which took into consideration the client’s proposed refurbishments. The bridging loan successfully completed and comfortably within the required auction timescales.

Commercial Mortgage

Date completed: 26th May 2018

Loan amount: £234,500

Location: Wales

Description:Our clients were looking to purchase two semi-commercial properties that were held in an estate. We gained approval from the lender and moved to valuation quickly. Whilst the valuation report came in slightly lower than expected, our clients were able to negotiate with the estate to the benefit of all parties. The deal progressed quickly through legals through to completion and our clients were extremely happy to secure the investment.

Acquisition Finance

Date completed: 30th May 2018

Loan amount: £210,000

Location: Cheshire

Description:Our clients were minority shareholders in a long-standing business and wanted a loan to assist in the management buy out of the majority shareholders. The clients had approached the incumbent bank who had agreed to assist but required 2nd Charges over the Directors homes. Our clients were reluctant to provide this because the business was long-standing and profitable and they were also making a good level of contribution towards the purchase. A lender was sourced and they provided the loan on an unsecured basis over 5-years to enable the acquisition to complete.

Commercial Mortgage

Date completed: 18th May 2018

Loan amount: £75,000

Location: Norfolk

Description:Our client wanted to purchase a fish and chip shop in Norfolk. They had approached their own bank who had declined and other lenders had not progressed to an offer. We were able to source a lender who was able to provide a commercial mortgage. Following a valuation and legals, we were able to complete quickly.

Unsecured Business Loan

Date completed: 17th April 2018

Loan amount: £200,000

Location: Skipton

Description:We were approached by our client who was looking for an unsecured business loan for working capital and expansion. They had been to another broker who hadn't been able to acquire the funding required. We were able to place the client with a lender who took the time understand our clients needs and were happy to support them in their growth.

Commercial Mortgage

Date completed: 30th April 2018

Loan amount: £5,927,755

Location: Liverpool

Description:We completed a facility for our client, which consisted of three separate elements including a re-finance and the purchase of both a property and a business. We managed to complete on all components of the deal simultaneously.

Commercial Mortgage

Date completed: 30th April 2018

Loan amount: £345,000

Location: Merseyside

Description:Our client wanted to re-finance a residential care home from a High Street Bank to repay an existing loan and release additional equity to carry out repairs and improvements to the property. The client wanted an interest only mortgage to keep loan repayments to a minimum. The loan was agreed as sought.

Bridging Finance

Date completed: 20th April 2018

Loan amount: £35,000

Location: Birmingham

Description:Our client needed to raise some capital quickly for other business purposes and were in the process of selling a property. As the funds were required quickly, we arranged a short term bridging loan. Due to the value of the property the lender agreed to proceed without a valuation report as it was being marketed. Documents progressed through legals and completed within the timescales required. Our client was very happy and was able to move forward with another opportunity.

Bridging Finance

Date completed: 20th April 2018

Loan amount: £114,375

Location: Chester

Description:Our client had set up a new Limited Company in order to invest in property. We brokered a bridging loan facility of 75% of the purchase price at 0.9% per month, where our client will spend c£20k on modernising the property with the aim of refinancing on completion of the works. Upon completion, our client intends to convert to a long-term BTL mortgage, releasing further equity from the increased value in the process.

Commercial Mortgage

Date completed: 5th April 2018

Loan amount: £261,950

Location: Stockport

Description:We were approached by our clients who had purchased offices in Stockport Town Centre and converted them into a 6 bed en-suite HMO. Our clients had spent a considerable amount on the purchase and conversion, and were looking to recoup these funds for their next investment. We successfully secured a loan at 75% of the new value at a competitive rate, which then enabled our client to move onto their next project.

Commercial Mortgage

Date completed: 19th April 2018

Loan amount: £85,200

Location: Liverpool

Description:Our client completed just one year’s trading as a new Ltd company. They demonstrated small profits in the first year and provided robust projections to determine how the company would grow in the next 2 years. We successfully brokered a mortgage at 75% LTV for client to purchase a new premises for his business with residential accommodation above that may be let out to produce additional income.

Development Finance

Date completed: 11th April 2018

Loan amount: £1,842,873

Location: Pembroke Dock (South West Wales)

Description:Our clients had recently purchased a plot of land with permission for 19 dwellings and wanted to secure funding to complete the scheme under a phased approach. We were able to secure a competitively priced facility that allowed for an initial land loan release to recoup some of the associated costs incurred to date and 100% of the build costs over 18 months.

Commercial Mortgage

Date completed: 20th March 2018

Loan amount: £210,000

Location: Barnsley

Description:Our client approached us in December 2017 as they were looking to purchase a cattery and kennels business in Barnsley. After speaking with a number of our lenders, we were able to secure a commercial mortgage through a high street bank at an excellent rate.

Commercial Mortgage

Date completed: 10th March 2018

Loan amount: £150,000

Location: North Wales

Description:Our client was purchasing a part-commercial, part-residential property at auction. A commercial mortgage was agreed in principle prior to the auction with a valuer lined up to inspect -subject to client being successful. Our client was successful at the auction and the valuation was instructed with the report being received within 5 days. The legal pack was sent to our client’s solicitors the day after the property was purchased at auction and completion took place within the 28-day deadline.

Bridging Loan

Date completed: 29th March 2018

Loan amount: £1,260,000

Location: Manchester

Description:We were approached by our client to help them with the purchase of a prime piece of property in Manchester City Centre to convert into offices. We quickly spoke with various lenders to gain their appetite for the deal. An offer of funding was obtained and legals instructed immediately by the lender as we only had a small window of opportunity to close the deal. We were able to re-address the valuation report which had already been done and the deal completed within 10 working days.

Bridging Loan

Date completed: 29th March 2018

Loan amount: £78,750

Location: Manchester

Description:Our clients agreed the purchase of a Commercial property subject to planning permission to convert to a HMO. We arranged funding of 70% of the purchase price to the clients newly formed Limited Company via a bridging loan facility. We will convert the bridging loan to a long term mortgage facility on completion of the works which is estimated to take approximately 3 months.

DeveloperExit Short Term Loan

Date completed: 13th March 2018

Loan amount: £501,500

Location: Brentwood, Essex

Description:Our client had completed a new build development of a pair of semi-detached houses and was looking to redeem the existing loan to release some equity for another project whilst the properties were being marketed for sale. We were able to secure a short term loan at 0.44% p.m with a 2% arrangement fee and no exit fee being circa 50% LTV over 18 months.

Residential Refurbishment

Date completed: 29th March 2018

Loan amount: £419,996

Location: East Sussex

Description:Our clients were purchasing a residential investment property, which they planned to re-configure into three apartments. They required funding to assist in the purchase and refurbishment of the property. A loan was successfully secured providing 60% of the purchase funds and 100% of the refurbishment costs, allowing our clients to retain cash reserves in readiness for two further projects. The property will be developed and ultimately sold.

Commercial Mortgage

Date completed: 14th March 2018

Loan amount: £352,096

Location: Manchester

Description:Our client wanted to re-mortgage their portfolio so that they could raise additional cash to expand their property portfolio. We were able to secure a mortgage for our client at 70% LTV on competitive terms over 10 years.

Semi-Commercial Investment Mortgage

Date completed: 22nd February 2018

Loan amount: £195,000

Location: Cheshire

Description:Our clients were looking to release as much as equity as possible against a semi-commercial investment property in order to fund other purchases. We were able to secure a mortgage for our client at 75% LTV on competitive terms over 20 years.

Bridging Loan

Date completed: 18th February 2018

Loan amount: £80,000

Location: Prestwich

Description:Our client required funding to complete the refurbishment of a residential investment property that they had originally purchased 4 months earlier but had a number of unforeseen structural problems. We were able to arrange a 12-month loan that included fees and interest roll-up to enable our clients to complete the refurbishment.

Development Finance

Date completed: 16th February 2018

Loan amount: £4,583,000

Location: North Wales

Description:Our client, an experienced house builder with multiple active sites, required funding to complete on another large site. As their long-standing high street lender was stepping back from the market, we were able to secure the funds they required from an alternative lender – completing within the timescales provided.

Unsecured Business Loan

Date completed: 15th February 2018

Loan amount: £60,000

Location: Manchester

Description:We were approached by our client who runs a seasonal business. They had a short-term cash flow issue and their existing high street bank was unwilling to provide further working capital facilities. Our clients business is extremely well run and very profitable, so we arranged for a short-term unsecured business loan to enable the company to purchase stock and fulfil new orders. Our client has since instructed us to assist them with the refinance of their commercial building and re-banking of their company.

Unsecured Business Loan

Date completed: 9th February 2018

Loan amount: £195,000

Location: Southport

Description:Our client required a working capital loan in order to fulfil a new £1m contract that they had just won. We were able to secure finance for our client with funds drawn down in less than 2 weeks from application.

Bridging Finance

Date completed: 9th February 2018

Loan amount: £136,000

Location: Crewe

Description:Our client required a bridging loan to purchase a residential investment property and had been declined by several high street lenders. Upon referral to us, we were able to secure a bridging loan at a competitive rate and within a tight timescale, ensuring our client was able to complete on the purchase.

Development Finance

Date completed: 9th February 2018

Loan amount: £200,000

Location: Cheshire

Description:Our client was looking to grow their rental portfolio and required funding in order to move swiftly on the purchase of a new property. They approached us following the Christmas break and stressed that the emphasis was on speed, as a six-week completion deadline had been agreed with the vendor. Our client quickly provided us with the information and paperwork we required which enabled us to secure credit-approved mortgage offers within a week - completing within our clients tight timescales.

Investment Mortgage

Date completed: 8th February 2018

Loan amount: £210,610

Location: Liverpool

Description:We had previously provided our client with a property loan to assist in the purchase of a property requiring refurbishment. Upon completion of the works, we subsequently provided a term loan to repay the original facility and release the profit to re-invest in their next property project.

Unsecured Business Loan

Date completed: 1st February 2018

Loan amount: £197,000

Location: Manchester

Description:Our client required an injection of capital to assist with the expansion of his business and had been unable to obtain funds from his existing bank due to lack of security. The business already had a commercial mortgage in place up to the maximum LTV and no further equity / security was available. We were able to facilitate an unsecured loan of £197,000 to the trading business with a Personal Guarantee to support the borrowing.

Unsecured Business Loan

Date completed: 2nd January 2018

Loan amount: £350,000

Location: North Wales

Description:Our client, a wholesale / maintenance business approached us for a loan to support their business growth and help with working capital for ongoing orders. We successfully facilitated an unsecured loan for £350,000, which completed within 2 weeks of application.

Bridging Finance

Date completed: 18th January 2018

Loan amount: £155,000

Location: North Wales

Description:Our client committed to an auction purchase but their original bridging lender declined the loan. This was based on the valuation report, as parts of the property were not of standard construction. We were able to source a bridging lender who relied upon their local panel valuer for a more detailed report, which took into consideration the client’s proposed refurbishments. The bridging loan successfully completed and comfortably within the required auction timescales.

Development Finance

Date completed: 26th January 2018

Loan amount: £435,000

Location: Manchester

Description:Our client, who is looking at growing his portfolio of rental properties, requested funding in order to move swiftly on the purchase of a fourteen bed HMO. The emphasis with the request was speed and after gathering the relevant paperwork and information required we approached a number of funders. We sourced a lender who responded very quickly and our client completed the purchase at the end of January. He is now actively sourcing his next property.

Unsecured Loan

Date completed: 26th January 2018

Loan amount: £50,000

Location: Blackpool

Description:Our client was looking for funds to fully refurbish their restaurant, attract new customers and increase trade as a result. We facilitated an unsecured loan of £50,000, which completed within 3 days of the application being made.

Commercial Mortgage

Date completed: 15th January 2018

Loan amount: £750,000

Location: Midlands

Description:Our client approached us as they wanted to refinance a 52 bedroomed Hotel which had initially been purchased using private funding. A loan was quickly approved with valuation & legals instructed and deal completed within a short timescale afterwards.

Residential Investment Mortgage

Date completed: 9th January 2018

Loan amount: £168,588

Location: Staffordshire

Description:Our clients had recently completed a development of six properties and wished to retain one of the properties for investment purposes. We were able to secure a mortgage at 75% LTV on competitive terms and with a lender that was comfortable with effectively our clients purchasing the property from their own company given the transaction was at full market value.

Commercial Mortgage

Date completed: 31st January 2018

Loan amount: £420,000

Location: Cheshire

Description:Our client required a commercial mortgage to purchase premises due to the expansion of their business. We worked with the client offering advice on the most appropriate structure and ancillary services to support additional needs of the business. The business funding needed a pro-active approach due to the relatively recent growth of the business.

Commercial Re-finance

Date completed: 12th January 2018

Loan amount: £500,000

Location: Cheshire

Description:Our clients own a very successful business however they are soon to retire and leave their business to their son. They approached us, as they required a commercial loan of £500,000 to remortgage their existing business premises’, reduce the mortgage on their own residential property and repay the BTL facility on another property. We were able to source a lender who was able to lend them the full loan amount required based on valuations and within the timescale required.

Unsecured Business Loan

Date completed: 21st December 2017

Loan amount: £120,000

Location: Blackpool

Description:We were approached by a business who required funding to set up a new office in Blackpool. They also required working capital to support the hiring of new staff and taking their business to the next level. An application to drawdown was completed within two weeks with funds paid out before Christmas.

Commercial Re-finance

Date completed: 21st December 2017

Loan amount: £6,345,000

Location: Liverpool

Description:Our clients are extremely experienced landlords and developers with a large portfolio of properties. Their terms with their existing bank had expired and they were un-willing to renew them due to the banks overall exposure in the large loan market. We approached a new lender and secured a re-finance over several groups of high quality, residential properties therefore redeeming their existing bank and offering our clients the stability they required.

Short Term Bridging Finance

Date completed: 20th December 2017

Loan amount: £90,000

Location: Wirral

Description:Our client, a property landlord, wanted to purchase a house to convert into two self-contained flats. He had a deadline date to meet in order to secure the purchase. We secured a short-term bridging loan which enabled him to complete the transaction within the required timescales. Once the refurbishment is complete and the properties are tenanted, we will refinance onto long term mortgages at preferential rates.

Commercial Mortgage

Date completed: 8th December 2017

Loan amount: £60,000

Location: Manchester

Description:Our client was introduced to us after being unsuccessful in purchasing new trading premises via their own bank, we quickly arranged to meet with the client to understand the full background and requirements. The application was submitted to the new lender with valuation and legals instructed, and was approved within 48 hours. Our client is now starting 2018 in their new trading premises.

Unsecured Business Loan

Date completed: 8th December 2017

Loan amount: £260,000

Location: Shropshire

Description:Our clients run an established building contractors and were looking to raise additional working capital to fund ongoing and future projects based on their existing financials. We were able to secure a loan of £260,000 over 60 months on very competitive terms supported by personal guarantee from the main shareholder with funds released within 5 days of the loan offer being made.

Commercial Mortgage

Date completed: 5th December 2017

Loan amount: £51,000

Location: Boston, Lincs

Description:Our client approached us as a first-time property investor wishing to purchase a shop and a flat he had been given the opportunity to buy. The client had a strong deposit he had saved from running his own very successful car wash business. We were able to guide him through, ensuring the correct leases were in place for both properties and a commercial mortgage was successfully agreed to the required level. Both valuer and solicitors acted quickly to ensure our client secured his first property investment, which he assures us will be one of many.

Commercial Mortgage

Date completed: 2nd December 2017

Loan amount: £270,000

Location: London

Description:Our client is a hair salon owner trading for 2 years who had an option to buy her commercial premises at a pre-agreed price. Since leasing the property, she had spent approximately £50,000 refurbishing and due to several delays with the refurbishment she only had 2 months left to take advantage of the pre-agreed price that was significantly below market value. We were able to source a commercial mortgage from high street bank at a good interest rate and ensured that the bank, valuer and solicitors all acted as quickly as possible to deliver the mortgage by our clients’ deadline date.

Commercial Mortgage

Date completed: 1st December 2017

Loan amount: £341,250

Location: Cheshire

Description:Our client required a loan to purchase a convenience store and post office business. The client had suitable experience but lacked the sufficient contribution to satisfy the lenders requirements. As well as providing the client with a loan to assist in the business purchase, we also negotiated a vendor loan with the vendor to allow the transaction to complete to satisfy all parties. This enabled our client to fulfil his life-long dream of owning and running his own business.

Bridging Finance

Date completed: 9th November 2017

Loan amount: £193,000

Location: Staffordshire

Description:Our client had the opportunity to purchase two adjoining properties for a discount at Auction. They needed to complete within the typical 28 days that are applicable at auctions so needed the funds quickly. We arranged a bridging loan facility of 75% of the purchase price, at a rate of 0.90% with the interest being retained throughout the term of the facility.

Commercial Mortgage

Date completed: 28th November 2017

Loan amount: £77,000

Location: Manchester

Description:We were approached by our client to assist with the purchase of new trading premises after being declined by their bank. After receiving the requested information, we were quickly able to arrange an approval for them to assist. After the valuation was carried out the deal moved through legals robustly to enable a quick completion. Our client was extremely happy to secure new premises for them to trade from.

Residential Investment Mortgage

Date completed: 29th November 2017

Loan amount: £157,500

Location: Merseyside

Description:Our client had agreed to purchase a large semi-detached property arranged as 4 self-contained flats and wanted to complete the purchase using an existing limited company that held other investment properties whilst also securing a fixed term product. We managed to secure funding with a main stream lender at 75% LTV with an interest rate of 3.75% fixed for 5 years.

Commercial Mortgage

Date completed: 23rd November 2017

Loan amount: £210,000

Location: North Wales

Description:Our client was introduced by his Accountant and wanted to source a commercial investment mortgage in order to re-mortgage his business premises from his incumbent High Street bank. His trading business had gone into administration yet he wanted to retain the properties which were owned in his personal name. The bank wanted the property finance repaying due to the association with the trading business. We were able to source a 10-year interest only mortgage to allow the client to both retain the properties and also support his cashflow.

Commercial Mortgage

Date completed: 24th Novemeber 2017

Loan amount: £250,000

Location: Warrington

Description:Our client has been running a successful business since 1991. He approached us as he was looking to raise £250,000 to use as a war chest to purchase refurbishment properties and ensure he always has around 5 projects on the go at any one time. We approached our panel of lenders and managed to secure funding with a lender who didn’t require a 5-year commitment like the other lenders. The deal moved quickly through legals and completed within the timescale that the client requested.

Commercial Mortgage

Date completed: 27th October 2017

Loan amount: £305,000

Location: Shropshire

Description:Our client needed to redeem a bridging loan secured on a semi-commercial investment portfolio. The case had many challenges including age of applicant, lease terms and tenant mix. However, we managed to secure funding with a specialist lender that was prepared to offer interest only terms at 70% LTV based on the applicants’ overseas property portfolio which had considerable equity and would be used to redeem the loan.

Unsecured Business Loan

Date completed: 27th October 2017

Loan amount: £100,000

Location: Cheshire

Description:Our client, a specialist in the care sector, requested funding in order to move swiftly on a new business opportunity. The emphasis with the request was speed and after gathering the relevant paperwork and information required we approached a number of lenders. The lender responded very quickly and our client received the £100,000 they had requested within days of the proposal being assessed and agreed.

Commercial Finance

Date completed: 25th October 2017

Loan amount: £562,500

Location: Liverpool

Description:Our client purchased a derelict manor house in the suburbs of Liverpool and fully refurbished and altered parts of the property to create a 15-bedroom HMO. Our client completed on the purchase and carried out all works at their own cost. Upon completion, we assisted in arranging a 75% investment mortgage against the improved value of the property.

Property Development

Date completed: 24th October 2017

Loan amount: £3,572,800

Location: Stoke

Description:Our client needed a commercial development loan to fund the construction of a large purpose built student accommodation property. The client already owned the land and requested 100% funding for the development and finance costs, which we duly secured on competitive terms. The project is a 12-month build and we have already started to start sourcing the exit facility to assist the client in readiness for completion next summer.

Commercial Mortgage

Date completed: 22nd October 2017

Loan amount: £51,000

Location: Liverpool

Description:Our client was introduced to us as they wanted to purchase a residential flat above a commercial unit on a separate title but had been declined by a couple of lenders. We submitted the application to our commercial panel and quickly obtained approval of the loan, providing the client with a formal offer of loan. The deal moved quickly through legals and completed within a few weeks.

Commercial Mortgage

Date completed: 17th October 2017

Loan amount: £195,000

Location: Cheshire

Description:Our client approached us to raise funds against their commercial business premises so that they could inject money in to the business to fund their new business plans and new contracts with global firms. We found a lender that was able to support the client’s business plan without lots of additional information needed for speed & convenience.

Commercial Mortgage

Date completed: 11th October 2017

Loan amount: £184,000

Location: Buckinghamshire

Description:Our client had developed some commercial property via a limited company and was looking to capital raise to invest into further projects. Their three commercial tenants were all on short-term tenancy agreements and could break the terms with 3 months’ notice. We found a lender that was comfortable in lending up to 65% LTV at an attractive 5.25% interest rate. This enabled our client to move on to their next project, growing their property portfolio as part of their long term investment plan.

Commercial Mortgage

Date completed: 10th October 2017

Loan amount: £205,000

Location: Altrincham

Description:Our client purchased a residential investment property at auction. A commercial mortgage was agreed in principle prior to the auction with valuer lined up to inspect subject to clients’ bid being successful. Upon the clients’ success at auction, a valuation was instructed and report received within 5 days. The legal pack was sent to client’s solicitors the day after the auction purchase and completion took place within the 28 day deadline.

Commercial Mortgage

Date completed: 28th September 2017

Loan amount: £119,000

Location: Llandudno

Description:Our client purchased six flats at auction on one title and carried out a full refurbishment of the premises utilising their own funds. Once the property had been completed we then raised capital to repay an existing bridging loan whilst raising some additional capital to put into their next project.

Property Development

Date completed: 27th September 2017

Loan amount: £950,000

Location: Shropshire

Description:Our client is an experienced house builder who was looking for 100% development funding secured against an unencumbered site. We managed to secure funding on very competitive terms being 8% of drawdown funds and no exit fee over 18 months.

Unsecured Business Loan

Date completed: 25th September 2017

Loan amount: £325,000

Location: Yorkshire

Description:Our client, a manufacturing business in Yorkshire, was referred to us by another broker who had been unable to source the funding they required to take their business to the next level. We took time to understand their business and through using our pool of lenders, we were able to provide them with the full facility they needed at a competitive rate.

Property Development

Date completed: 22nd September 2017

Loan amount: £320,000

Location: Lancashire

Description:Our client, an experienced property investor completed on the purchase of a rundown commercial unit using bridging finance. They fully refurbished the property creating retail units with apartments above. As all shops and the residential elements are now rented out, we refinanced our client onto a long term mortgage which gave them the funds to repay their bridging facility as well as additional capital which they will use towards their next project.

Property Development

Date completed: 20th September 2017

Loan amount: £1,200,000

Location: Cheshire

Description:Our client purchased land back in August 2016 using cash from previous developments. Our client wanted to use this land to build 2 x luxury new build properties and to do this he required a development loan of £1.2m. We arranged a development facility for the client and the client was able to get his first stage drawdown within a week of application.

Commercial Mortgage

Date completed: 15th September 2017

Loan amount: £66,065

Location: Liverpool

Description:Our client was looking to refinance a bridging loan that we facilitated earlier in the year to allow them to buy a property at a low price to renovate. On completion of this project, they were able to recoup the majority of their funds and move onto their next project whilst retaining the property in their investment portfolio.

Bridging Finance

Date completed: 13th September 2017

Loan amount: £590,570

Location: Cheshire

Description:Introduced by a Litigation Solicitor, our client needed to refinance a property that was subject to formal court proceedings by their existing lender. The client had agreed a sale on the property expected to complete within 3-months yet needed to refinance the property urgently to safeguard their property and their equity and allow the property sale to complete. Despite their circumstances, we were able to assist with the refinance quickly to protect the future sale.

Commercial Mortgage

Date completed: 1st September 2017

Loan amount: £123,750

Location: Liverpool

Description:Our clients required funding to purchase a licensed HMO property in Liverpool. Both applicants were first time investors which restricted the market place hugely but we were able to secure a 70% LTV loan to assist in the purchase which has now completed.

Property Development

Date completed: 31st August 2017

Loan amount: £157,500

Location: Northwich

Description:Our clients had agreed to purchase a large property which had previously been two terraced houses knocked into one. They intend to convert the property into a 9 bed HMO (subject to planning) and needed to complete within 4 weeks. Build costs for conversion were estimated around £30k and our clients wanted to switch to a term mortgage and release equity at the same time on their investment.

Property Development

Date completed: 31st August 2017

Loan amount: £82,408

Location: Crewe

Description:Our client owned existing residential investment properties and wanted to release equity to buy another property without arranging a mortgage on the property to be purchased. This was arranged swiftly and the client has been able to acquire the additional property and increase his portfolio.

Unsecured Business Loans

Date completed: 25th August 2017

Loan amount: £150,000

Location: Manchester

Description:Our client was in need of funds to assist with a property he was developing for his business, and required funds as a matter of urgency to keep builders on site. We managed to raise an unsecured loan of £150,000 for this trading business, which completed within 3 days from start to finish. The facility was cheaper than a bridging loan, and completed quickly without the need to secure against a property and without the need for a valuation or any solicitors costs.

Bridging Finance

Date completed: 17th August 2017

Loan amount: £95,000

Location: North Wales

Description:Our client, an experienced property investor, completed on the purchase of a semi-commercial property in Bangor with short term bridging finance and intend to fully refurbish the property in the next couple of months. They will then rent the commercial shop unit to a hairdresser and the upstairs flat to students. Once the refurbishment is complete and the property is generating rental income, we will refinance with a mainstream bank in order to secure the client a long term mortgage.

Property Development

Date completed: 11th August 2017

Loan amount: £1,357,210

Location: Liverpool

Description:Our client required funding to replace an existing finance agreement with a new development finance facility. The reason for this is because the client completed on their original loan 9 months ago but due to delays in starting the development the facility term was no longer sufficient. This was identified earlier in the year so rather than starting the construction works then seeking a refinance or extension part way through, the client simply delayed the start which enabled us to bring a new lender in but not have the added difficulty of funding a part completed development. The client is now on site and has 18 months to complete the works and repay the lender.

Bridging Finance

Date completed: 10th August 2017

Loan amount: £105,000

Location: Stoke-on-Trent

Description:Our client, a new property developer, had just completed their first purchase and refurbishment when they saw another property they wanted to purchase at auction. Using their existing property and the new property as security we managed to arrange 100% finance for the purchase plus funds to refurbish the new property. This loan was arranged despite our clients having only 3 months property development experience.

Unsecured Business Loan

Date completed: 2nd August 2017

Loan amount: £30,000

Location: Manchester

Description:Our client has been trading just over 3 years and the business required an injection of cash to fund working capital to enable them to grow. After being declined by their Bank, we quickly arranged for a £30k facility over 5 years. The application was approved and funded into the clients account within 2 weeks therefore removing the worry and allowing our client to focus on their business.

Commercial Mortgage

Date completed: 28th July 2017

Loan amount: £94,500

Location: Barnsley

Description:Our client approached us for a commercial mortgage in order to purchase his existing rented premises from his landlord. Having approached his own bank who were unable to assist due to the size of loan and requirement, we were able to secure funding at 70% LTV with another high street bank at very competitive terms.

Unsecured Business Loan

Date completed: 26th July 2017

Loan amount: £30,000

Location: Manchester

Description:We were approached by our client to provide assistance with funding for a cash flow issue that needed to be addressed quickly. We got to task efficiently and arranged a £30,000 unsecured loan for working capital into the business within a couple of weeks. This resulted in a very happy client who could now carrying on running the business as opposed to worrying about cash flow.

Portfolio Refinance

Date completed: 26th July 2017

Loan amount: £100,000

Location: Lancashire

Description:Our client, an experienced property investor, wanted to raise finance using the equity in her existing rental properties in order to further the growth of her property business. We arranged a £100,000 loan for her which has enabled her to offer on two new residential investment properties she is looking to purchase. The application was completed swiftly and our client is currently waiting for agent's responses to her offers.

Unsecured Loan

Date completed: 25th July 2017

Loan amount: £25,000

Location: Blackburn, Lancashire

Description:Our client was looking for £25,000 in order to complete a full renovation of his business premises. From when we received the information required from the client in the morning, we had the documents issued to the client midday, returned in the afternoon, and funds in the clients account that same evening.

Commercial Mortgage

Date completed: 20th July 2017

Loan amount: £180,000

Location: Stockport

Description:Our client completed just one year’s trading as a new limited company and had demonstrated small profits in the first year. They were also able to provide a robust projection for growth in the next 2 years. We arranged a Commercial Mortgage at 75% LTV for client to purchase new premises for his business with residential accommodation above that may be let out to produce additional income.

Bridging Finance

Date completed: 17th July 2017

Loan amount: £886,255

Location: Cumbria

Description:Our client was looking to raise a loan to repay a High Street Bank. The business was long-established, however was over geared with historic debt. The existing lender agreed to a debt forgiveness package to enable the client to re-finance away. A loan was agreed for 100% of the amount required to repay the lender based on security offered.

Commercial Mortgage

Date completed: 4th July 2017

Loan amount: £429,450

Location: Merseyside

Description:Our client required funding to purchase a commercial property which he intended to split into part residential and retain the ground floor as commercial units. As he had secured tenants for the ground floor commercial space we were able to secure a commercial mortgage for him on the strength of the leases in place. Given that the upper floors were to be converted into residential dwellings we secured a bridging loan which gives him 18 months to complete the intended works and gives us sufficient time to secure a refinance deal for him. On completion of the purchase, long leases were granted on each of the ground floor units and a separate lease was granted to the upper floor allowing the lender to secure the separate loans on the separate parts of the building.

Commercial Mortgage

Date completed: 27th June 2017

Loan amount: £130,000

Location: Buxton, Derbyshire

Description:Our client was referred to us from a Mortgage Advisor, who had struggled to place this HMO with their panel of lenders. They had completed a valuation with a competitor which was rejected based on its close proximity to a commercial property. We arranged a deal on a better rate and with another lender who was happy with the close proximity to commercial, and provided funds for our client which will enable his portfolio to grow quickly.

Development Finance

Date completed: 21st June

Loan amount: £1.796,000

Location: Crewe

Description:A local property developer approached us to finance a new development of 10 houses. As the site was already owned by our client, we arranged a 100% development finance agreement which has enabled him to commence the project.

Unsecured Business Loan

Date completed: 21st June 2017

Loan amount: £200,000

Location: Leicestershire

Description:Our client was looking to raise a loan of £200,000 to assist with working capital and work in progress. The business is a successful and profitable company yet their own bank did not wish to support the project due to their connection with the property and construction sector. An unsecured business loan was provided to the client to assist with their continued growth.

Development Finance

Date completed: 16th June 2017

Loan amount: £132,500

Location: Cheshire

Description:Our clients, experienced property investors, completed on the purchase of a residential house in Altrincham with bank funding and intend to convert this from a 3 bedroomed property to a 5 bedroomed House in Multiple Occupation (HMO) which they will rent to professional tenants. Once the refurbishment is complete, the bank will revalue the property and advance them an additional amount of funding in line with the increased value.

Development Finance

Date completed: 19th June 2017

Loan amount: £92,948

Location: Manchester

Description:We were approached by an existing client to fund the development of a small plot of land for the development of 2 Flats. The land was already owned by the client so were we able to arrange 100% development costs along with interest roll-up on the site. The deal was concluded quickly and passed through legals which has enabled the client to get on site to start the build.

Commercial Mortgage

Date completed: 15th June 2017

Loan amount: £459,000

Location: Stoke-on-Trent

Description:Our client was purchasing residential investment property at auction. A commercial mortgage was agreed in principle prior to the auction with a valuer lined up to inspect the property subject to client being successful. Upon confirmation that our client was successful at auction, the valuation was instructed and the report received within 5 days. The legal pack was then sent to client’s solicitors the day after the property was purchased at auction and completion took place within the 28-day deadline.

Commercial Mortgage

Date completed: 15th June 2017

Loan amount: £129,093

Location: Cheshire

Description:Our client purchased a residential investment property for cash in order to refurbish and convert to a 4 bed HMO property. Upon completion of the works, we were able to secure funding with a lender prepared to advance against the increased value of the property post completion of works. This meant that our client, an experienced property developer and landlord, was able to recoup the majority of his own funds used initially to purchase and complete the works.

Development Finance

Date completed: 9th June 2017

Loan amount: £487,540

Location: South Liverpool

Description:We arranged a finance facility for our client which consisted of funds to purchase a piece of land and funds for development. Our client exchanged with a 28-day completion arrangement but due to some complications with the construction contract the completion deadline was not achievable. In light of this, the lender agreed to advance the purchase funds only whilst the contracts were being agreed. This allowed the completion of that land purchase to take place and avoid the loss of exchange monies. The lender has pre agreed that once contracts are agreed the development element of the loan can complete as originally planned.

Commercial Mortgage

Date completed: 31st May 2017

Loan amount: £185,587

Location: Liverpool City Centre

Description:Our client needed funding to purchase an HMO in Liverpool City Centre. The property consisted of 9 en suite bedrooms and required completion to take place within a 4-week period. We secured a loan on behalf of the client and completed within the tight time-frame.

Commercial Mortgage

Date completed: 25th May 2017

Loan amount: £298,834

Location: Lancashire

Description:Our client was looking to release equity against an unencumbered commercial investment property to help a family member acquire business premises for a new business venture. A loan was secured for a 5-year interest only period to minimise repayments which would further help the family member.

Unsecured Business Loan

Date completed: 22nd May 2017

Loan amount: £50,000

Location: Manchester

Description:We arranged an unsecured business loan for a client who wanted to grow their business, the funds we quickly arranged and were in the clients account within 2 weeks. The funds were used for staffing, marketing and updated office equipment.

Development Finance

Date completed: 22nd May 2017

Loan amount: £1,290,000

Location: Aberdeen

Description:Our client is developing their industrial site in Aberdeen to accommodate more tenants. They needed £1.29m in 3 phases to concrete large parts of land and build new units. This was a valuable exercise for them as it generated additional rental income. The loan is now in place with the first tranche drawn and the further tranches available when the client requires them.

Unsecured Business Loan

Date completed: 22nd May 2017

Loan amount: £250,000

Location: Greater Manchester

Description:Our client was looking to consolidate circa £160k of existing unsecured debt and raise further working capital. We were able to secure a facility of £250,000 over 60 months which was turned around in less than 9 working days from initial application to funding on very competitive terms saving the client in excess of £7,000 p/m after taking into account the new monthly payment.

Commercial Mortgage

Date completed: 16th May 2017

Loan amount: £95,000

Location: Rochdale

Description:Client exchanged on the purchase of a Public House with delayed completion, on the basis he agreed the purchase price at its value at the time before he added value to the property. Our client renovated the property to a high standard, and traded the business well for 6 months prior to making the application. Even in the absence of any Financial Accounts for the Public House, we managed to raise a loan facility of 80% of the purchase price, for a business classed within a 'high risk' sector and typically difficult to finance with High Street banks.

Commercial Mortgage

Date completed: 4th May 2017

Loan amount: £190,000

Location: Newquay

Description:Ex-pat clients who had been living outside the UK for over 10 years purchasing a multi let residential investment property via a limited company and using additional property as makeweight security. Unable to source a mortgage with the traditional lenders given their ex-pat status and the limited company purchase however we were able to identify a suitable facility with a specialist commercial lender who offered terms within 48 hours to enable the client to secure the property with the selling agent.

Commercial Mortgage

Date completed: 25th April 2017

Loan amount: £240,000

Location: Stoke

Description:A well-established business had fallen behind on HMRC debt and was under pressure from their bank. The client had tried various traditional lending routes unsuccessfully and approached us following a recommendation from their accountants. We successfully refinanced the borrowings as well as raising funds to repay HMRC, allowing the business to continue trading.

Commercial Mortgage

Date completed: 21st April 2017

Loan amount: £750,000

Location: Liverpool

Description:We originally arranged a remortgage for our client in 2016. Having been presented with a new opportunity he wanted to release some additional funds. As the property loan to value was low there was no issue with releasing equity however, the penalty for moving to a new lender was expensive. We agreed with his existing lender to advance the required funds to allow him to go on and make his purchase. The client benefited from not having to pay any legal fees or exit fees for his existing facility and only had to pay a fixed arrangement fee and valuation fee.

Investment Property Purchase

Date completed: 14th April 2017

Loan amount: £192,500

Location: Lancashire

Description:Our client, an existing property landlord, wanted to purchase another residential property to rent out. He had negotiated a competitive purchase price with the vendor on the condition that he completed the transaction swiftly. As we had a stringent deadline to meet, we secured funding and completed the mortgage within the required time frame.

Commercial Mortgage

Date completed: 11th April 2017

Loan amount: £113,905

Location: Runcorn

Description:Our client purchased a property at auction and converted it to a 6 Bed HMO using a bridging loan facility. We quickly arranged a commercial mortgage to help the client refinance the property once refurbishment works had been carried out. The funds raised against the property were sufficient to repay the original bridging loan facility used for purchase as well as raise additional capital to replenish savings used for the refurbishment enabling our client to move onto the next target property.

Bridging Loan

Date completed: 10th April 2017

Loan amount: £55,500

Location: Colwyn Bay

Description:Our client was looking to purchase a property that was in need of renovation. We raised a bridging loan facility of 75% of the purchase price, which enabled our client to buy the property at a low price and add significant value before refinancing on a long term mortgage when the works are complete.

Revolving Credit Facility

Date completed: 7th April 2017

Loan amount: £1,000,000

Location: Cheshire

Description:A manufacturing business approached us to provide an additional working capital facility to support their seasonal business. The business, which makes substantial supplier payments during their quieter trading periods, required a working capital facility that funded supplier payments until the business profitable season commenced. The facility was put in place within weeks and is available for use on an on-going basis each year.

Unsecured Business Loan

Date completed: 3rd April 2017

Loan amount: £150,000

Location: Greater Manchester

Description:Our client operates in the office fit out marketplace and was looking for additional working capital in order to fund new contracts that had been successfully secured via a tendering process at a time when the business was experiencing exceptional growth. We were able to secure a facility of £150,000 over 60 months which was turned around in less than 5 working days from initial application to receipt of funds in the clients bank account on very competitive terms.

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