• Independent advice on Commercial Finance
  • Call us now on: 03303 110777
  • or click here to arrange a callback

A selection of our completed deals

BTL Portfolio Mortgage

Date completed: 20th November 2019

Loan amount: £522,000

Location: North Manchester

Description:Our client owned several unencumbered properties and wanted to release up to 75% of their value to build up his portfolio of residential investment properties. We were able to secure funds at a competitive rate for our client and completed within their timescales.

Commercial Mortgage

Date completed: 8th November 2019

Loan amount: £455,000

Location: Staffordshire

Description:Our clients required a commercial mortgage in order to repay development funding that we had previously secured on a former farm and outbuildings. Our clients had subsequently secured planning for change of use to a wedding venue facility. The high street bank we approached agreed to lend 70% of the vacant possession bricks & mortar value over a 20 yr term with a 5 yr fixed rate based on forward bookings and projections.

Unsecured Business Loan

Date completed: 7th November 2019

Loan amount: £14,000

Location: North Wales

Description:Our client owned a gym and wanted to install a dedicated circuit area with specialist kit - for classe. We were able to secure an unsecured loan facility for our client quickly so that he could install the kit in the area and begin the classes swiftly.

HMO Remortgage

Date completed: 29th November 2019

Loan amount: £129,000

Location: Stoke-on-Trent

Description:Our client owned two unencumbered HMO's and wanted to release 75% of the value of the properties to allow them to invest the funds to purchase further investment property. We were able to secure the funds at a competitive rate for our client and completed within their timescales.

Commercial Mortgage

Date completed: 22nd November 2019

Loan amount: £477,000

Location: Birmingham

Description:We were approached by our client to refinance the commercial premises that they were trading from. Their existing lenders were not willing to support the deal so we went out to market and secured funding for the funding our client required – completing the deal within 6 weeks.

Bridging Loan

Date completed: 22nd November 2019

Loan amount: £107,250

Location: Manchester

Description:Our client agreed to buy a residential property at auction with the intention of refurbishing and then letting out on a long-term basis upon completion of required works. Our client had 28 days to complete the purchase and we managed to arrange a bridging loan without the need for a valuation, which sped up the process significantly and saved on cost. We successfully raised 75% of the purchase price and completed comfortably before the end of the 28-day deadline.

Commercial Mortgage

Date completed: 20th November 2019

Loan amount: £500,000

Location: North-West

Description:We were approached by our client to assist in the re-finance of their banking and benefit from the incentives available in their new banks switcher scheme. The clients wanted advice on the options available to them and assistance with the delivery of the process.

Unsecured Business Loan

Date completed: 19th November 2019

Loan amount: £100,000

Location: North Wales

Description:Our client required a loan to support a new council contract they had won. The client had a tight timeframe due to the contact commencing at the beginning of December. We were able to source a suitable lender who were able to support our client's requirements and completed on the loan within 5 days of application.

Residential Investment Mortgage

Date completed: 15th November 2019

Loan amount: £175,000

Location: St Helens

Description:Our client, an experienced property investor had bought a commercial property that he then converted into a House in Multiple Occupation. He funded the initial purchase with private finance and then required a mortgage once the refurbishment was complete - with tenants ready to move in. We arranged a mortgage with a challenger bank at 75% of the value, which repaid the initial funds he had invested and also gave him an amount towards his next project.

Commercial Mortgage

Date completed: 5th November 2019

Loan amount: £315,000

Location: Liverpool

Description:Our client completed just one year’s trading as a new LTD company. They had 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 arranged a mortgage at 75% LTV for our client to purchase new premises for their business with residential accommodation above that may be let out to produce additional income.

Commercial Mortgage

Date completed: 4th October 2019

Loan amount: £257,550

Location: Manchester

Description:Our clients had purchased a number of properties and had carried out a refurbishment on each one enhancing the value. Once the properties were completely refurbished, we successfully refinanced them to enabled our client to commence works on their next batch of properties.

Property Investment Mortgage

Date completed: 31st October 2019

Loan amount: £350,000

Location: Huddersfield

Description:Our client had completed a development of 6 mews properties and wanted a developer exit bridging loan to repay a private investor and release additional capital towards another development scheme. A loan was provided swiftly and prior to Practical Completion Certificates being issued to allow matters to conclude quicker than first envisaged. Upon receipt of the Practical Completion Certificates, the lender has agreed to release an additional sum.

Bridging Finance

Date completed: 31st October 2019

Loan amount: £115,000

Location: West Midlands

Description:Our client had exchanged contracts at auction to purchase some offices for their business and approached us to arrange finance to complete the loan. With 15 days in which to complete the purchase, we successfully arranged a bridging loan to ensure the client didn’t lose the property.

Commercial Mortgage & Trade Finance

Date completed: 4th October 2019

Loan amount: £4,550,000

Location: Widnes

Description:Our client was refused a commercial mortgage by their own High Street lender due to the lack of a cash deposit. We were able to raise 100% of the purchase price (£3.2m) utilising a capital raise against their existing commercial premises providing a total LTV of 83%. We also switched across their Trade Finance facility to a cheaper and more flexible deal, increasing their limit to £750,000, whilst also arranging a £600,000 VAT Bridging Loan for the VAT element of their purchase.

Property Investment Mortgage

Date completed: 11th October 2019

Loan amount: £100,000

Location: Manchester

Description:Our client runs a successful property business and now purchases residential houses for conversion to accommodate tenants who are being housed by Local Authorities or Housing Associations. Our client purchased this latest property with their own funds and also funded the refurbishment. Once the property was complete and ready to be tenanted, we arranged a mortgage based on the post-refurbishment value so our client can utilise these funds on their next project and simply repeat the process.

Commercial Mortgage - Split SIPP

Date completed: 17th September 2019

Loan amount: £262,250

Location: Derbyshire

Description:Our client wanted to utilise their Self-Invested Private Pension (SIPP) in the purchase of a new industrial unit for their main trading business. As they did not have sufficient funds in the SIPP to purchase the industrial unit outright, we completed a Split-SIPP facility, where effectively half of the building was bought by the SIPP (with the aid of a Commercial Mortgage for 50% of the SIPP value), and the remaining half of the building was purchased by the clients main trading company (using a 75% LTV commercial mortgage).

Commercial Mortgage

Date completed: 20th September 2019

Loan amount: £575,000

Location: Scotland

Description:Our client runs a successful business from a large commercial property, where they also rent units to other businesses. The existing lender no longer had an appetite for the properly sector and my client therefore required a refinance to clear their existing commercial mortgage. We arranged funding with a specialist lender who offered the full amount required.

Commercial Mortgage

Date completed: 25th September 2019

Loan amount: £1,050,000

Location: Yorkshire

Description:Our client needed funding to inject into the start-up costs for a new veterinary business and had a strong track record in the sector. A loan was secured with a lender on a long-term repayment of 30-years to support initial cashflow.

Commercial Mortgage

Date completed: 27th September 2019

Loan amount: £199,000

Location: Shropshire

Description:Our client was introduced to us by a residential mortgage broker who was unable to place the deal. The client was looking to purchase an existing business but had no deposit. We were able to raise 65% of the purchase price against the business being purchased and the deposit was raised by borrowing against the clients home with the same lender

BTL Mortgage

Date completed: 3rd September 2019

Loan amount: £142,500

Location: Stoke on Trent

Description:Our clients business model is to acquire tired property either via private sale or at auction and complete a full refurbishment with a typical budget of £25 - 35k and typically within a 16 week timescale. Upon completion, our client then seeks to refinance based on the increased value of the property, we have been able to match his requirements with a lender that understands his business model and are happy to release increased equity created from the works done effectively.

Unsecured Business Loan

Date completed: 16th September 2019

Loan amount: £100,000

Location: Manchester

Description:We successfully secured our client a £100k unsecured business loan to repay a vendor loan taken out when our client purchased their business a couple of years ago. The funds were approved within 48 hours and released into our clients account within a few days.

Unsecured Business Loan

Date completed: 29th August 2019

Loan amount: £35,000

Location: Manchester

Description:Our client approached us to assist them in securing funding to support their business growth plans including hiring additional staff and exploring additional marketing opportunities. As the business had been trading for more than two years, we were able to source them an unsecured business loan over 5 years to support the continued growth of their business. The loan was drawn down within 7 days from when the client approached us.

Commercial Mortgage

Date completed: 23rd August 2019

Loan amount: £130,000

Location: Staffordshire

Description:Our client runs a successful motor vehicle repair business and has rented their business premises for a number of years. Their landlord recently offered our client the opportunity to purchase the premises at an agreed price of £220,000. While our client had a substantial mortgage, we were able to source a High Street lender who offered competitive terms on the balance required to complete the purchase.

Development Loan

Date completed: 23rd August 2019

Loan amount: £358,200

Location: Lancashire

Description:Our client is an experience property investor however wanted to undertake their first development project. We successfully sought a lender who would support a first time developer whilst also providing our client with suitable advice and assistance during the project. A loan therefore was provided to assist with the initial property purchase and 100% of the development costs including interest roll up and fees added to assist cashflow.

Development Finance

Date completed: 2nd August 2019

Loan amount: £280,000

Location: Norwich

Description:Our client was half-way through the development of a residential property to sell and required additional funds to complete the project. We successfully arranged for the additional finance that our client required to keep the remainder of the build on schedule.

Bridging Finance

Date completed: 16th August 2019

Loan amount: £345,000

Location: Leeds

Description:Our client needed to quickly secure a development site with outline planning in a sought after rural location. We were able to secure competitive terms with interest rolled up over 12 months and no exit fee - allowing our client to successfully complete the purchase in a short timescale.

Commercial Mortgage

Date completed: 16th August 2019

Loan amount: £260,000

Location: Loughborough

Description:Our client was introduced to us by their lender who were unable to assist them to complete the purchase of a plot of land on which contracts had already been exchanged. Our client had built a house on the land and wanted to raise funds to reimburse their build costs and complete the purchase of the land. We successfully sourced a lender who was able to provide £100,000 to complete the purchase along with an additional £160,000 to reimburse our clients build costs.

Unsecured Business Loan

Date completed: 20th August 2019

Loan amount: £240,000

Location: Warwickshire

Description:Our clients were introduced by an existing customer and have a care home business in the Midlands. While they already had an unsecured business loan of £140,000, they were looking for an additional £100,000 to aide cash flow. We were able to restructure their existing loan alongside their new loan into one facility - reducing the annual interest rate. This facility was completed and paid out within 7 days of us meeting the client.

Commercial Mortgage

Date completed: 30th August 2019

Loan amount: £105,000

Location: North West

Description:We were approached by our client who had agreed an option to purchase on their trading premises two years prior. Their existing bank would only lend on the purchase price rather than the properties current market value. We sourced a lender who was willing to lend against the current market value - taking into consideration the investment our client had put into the property to make improvements.

Commercial Mortgage

Date completed: 12th August 2019

Loan amount: £105,000

Location: Blackpool

Description:Our client had completed just one years' trading as a new Ltd company and had demonstrated small profits while providing robust projections to demonstrate how the business would grow over the next two years. From this, we were able to secure them a mortgage and an agreed 75% LTV to purchase new premises for the business with residential accommodation above to be let out for additional income.

Developer 'exit' Finance

Date completed: 26th July 2019

Loan amount: £700,000

Location: Cheshire

Description:Our client, a professional property developer had completed the development of a luxury residential property and needed time to market and sell. His initial development funder required the funds for the initial loan to be repaid and we successfully arranged funding with a specialist lender who provided a suitable loan to redeem the original facility and give him time to sell his luxury property and achieve the best price.

Commercial Mortgage

Date completed: 22nd July 2019

Loan amount: £356,250

Location: Shropshire

Description:Our client was introduced to us by their bank manager as they were unable to support their lending requirements. The client had self-funded a development of 8 residential new build properties and required a developers exit loan to fund the purchase of land to start their next development whilst the 8 residential properties were still being marketed. We sourced a lender who was able to roll the interest up whilst their properties were being marketed which reduced their monthly commitments while easing their cash flow.

Commercial Mortgage

Date completed: 22nd July 2019

Loan amount: £189,000

Location: Cheshire

Description:Our client had a number of properties and wanted to secure an overdraft facility with their existing lender. Their lender did not wish to renew their overdraft agreement and wanted repayment of their existing lending. We successfully refinanced our clients’ property portfolio - securing the facility to enable full repayment to their existing lender while raising extra funds for working capital.

Commercial Mortgage

Date completed: 10th July 2019

Loan amount: £135,000

Location: North Wales

Description:Our client is a restaurant owner who had been trading for 2 years and had the option to buy his commercial premises at a pre-agreed price. Since leasing the property, he had spent approximately £50k on refurbishments. Due to several delays with the refurbishment, he 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 a high street lender at a very competitive interest rate and ensured that the bank, valuer and solicitors all acted as quickly as possible to deliver the mortgage by the due date.

Acquisition Funding

Date completed: 1st July 2019

Loan amount: £925,000

Location: Wirral

Description:Our client was an Associate of a Dental Practice and was given the opportunity to purchase the business for £1,000,000. This included £300,000 of the property value with the remainder gifted as goodwill. We successfully secured a loan facility of 92.5% LTV at a rate of under 2% pa

Commercial Mortgage

Date completed: 28th June 2019

Loan amount: £168,000

Location: North Wales

Description:Our client required a commercial mortgage to prevent his restaurant from being repossessed by their existing lender. They had already repaid £300,000 from the sale of other properties but did not wish to sell their restaurant to repay the final amount as they wanted to carry on trading. Our client had been declined by other high street banks due to the position he was in with his existing lender. However, we were able to successfully source a specialist lender to provide the required funding and prevent the repossession within a tight timescale.

Business Refinance

Date completed: 11th June 2019

Loan amount: £1,000,000

Location: Scotland

Description:Our client, who owns various business premises had multiple loans with different funders. He was paying expensive rates and wanted to consolidate these debts onto one, manageable loan. We successfully refinanced the existing loans onto one mortgage with a specialisit lender using our clients main commercial premises as security. This considerably reduced our client's monthly outgoings and made their life easier by not having to juggle commitments with multiple lenders.

Commercial Mortgage

Date completed: 19th June 2019

Loan amount: £1,773,750

Location: Staffordshire

Description:Our client was looking to refinance an existing facility to provide cashflow funding for other projects whilst at the same time releasing additional equity in their security property. This property consisted of 24 apartments on a freehold title in a block of 26. We were able to secure competitive terms over 25 yrs with an initial 5 yr fixed rate period.

Unsecured Business Loan

Date completed: 1st June 2019

Loan amount: £250,000

Location: Scotland

Description:Our client required an urgent unsecured business loan to assist with a VAT payment. A loan was sourced and approved at a competitive interest rate and drawn within a matter of days to allow the payment to be made. The business is a long-established and successful business but had a short-term cashflow requirement which we were able to assist with.

Commercial Mortgage

Date completed: 30th June 2019

Loan amount: £375,000

Location: Manchester

Description:Our client was introduced to us by a residential mortgage broker and had previously had a poor experience with another broker. They required exit finance for £375,000 to repay a development facility that was used to refurbish 4 x commercial units in Manchester. We successfully sourced a lender who was able to tailor a deal to suit our clients’ needs – including the loan amount changing three times to suit their changing circumstances.

Commercial Mortgage

Date completed: 28th June 2019

Loan amount: £250,000

Location: Manchester

Description:We were approached by our clients to refinance their commercial property in Manchester to release equity for them to purchase another investment property in Wales. We sourced a new lender who approved the facility with the deal completing within 6 weeks. Our client was then able to purchase the investment property and are shortly starting work on their new project.

Bridging Loan

Date completed: 20th June 2019

Loan amount: £56,000

Location: Wirral

Description:We were introduced to a client by one of our mortgage brokers, their client had been let down on an auction purchase by another broker who was sourcing them a bridging loan. Our client was served a notice to complete meaning they had only 14 days to complete on the transaction or they would lose the property along with the 10% deposit they had already paid at the auction. We were able to source a suitable lender able to complete in the timeframe and recommend a solicitor who prioritised the case to ensure we completed in the 14 day timeframe. The deal completed in 13 days from application and we are now in the process of sourcing the client a refinance onto a buy to let mortgage.

Commercial Mortgage (Holiday Let)

Date completed: 5th June 2019

Loan amount: £101,500

Location: North Wales

Description:We successfully arranged a mortgage facility for our clients to purchase a holiday let. The property had previously been used as a family home and our clients saw the potential to convert the cottage to a holiday rental. Through projections from a reputable Holiday Lettings company, we successfully raised 75% of the purchase price for our client without them having any prior experience in the market.

Bridging Loan

Date completed: 24th May 2019

Loan amount: £150,800

Location: Warwickshire

Description:Our client purchased a property at auction costing £230,000 and had 4 weeks to complete the purchase having paid 10% deposit. We successfully arranged a bridging loan of £150,800 to complete the purchase with the deal completing within 2.5 weeks – well in advance of the completion deadline.

Commercial Mortgage

Date completed: 28th May 2019

Loan amount: £600,000

Location: Hereford

Description:Our client wanted to take cash out against an unencumbered mixed use property to enable them to purchase a residential property to live in. We were able to secure £600,000 against the property and within our clients timescales.

Commercial Mortgage

Date completed: 28th May 2019

Loan amount: £60,000

Location: Manchester

Description:Our client purchased a commercial property at auction and carried out a full refurbishment so they could trade from the premises. We successfully refinanced the property, which enabled the client to replenish savings spent of the refurbishment of the property. The deal was approved and valuation instructed with legals following quickly. The deal completed within a few weeks afterwards.

Buy-to-Let

Date completed: 22nd May 2019

Loan amount: £56,000

Location: Liverpool

Description:We were approached by one of our valued mortgage brokers who had been having an issue finding a lender willing to support an application for a BTL mortgage for one of their clients due to the tenant being a family member of the director of the company who owned the property. We were able to source a lender willing to support the case as the property was owned by a limited company, they treated the transaction as non-regulated. The transaction took 8 weeks to complete from application.

Unsecured Business Loan

Date completed: 16th May 2019

Loan amount: £83,226

Location: Greater Manchester

Description:Our clients needed a working capital facility to assist with funding new contracts. As such we secured a facility of £83,226 over 60 months on competitive terms with funds drawn in less than a week.

Commercial Mortgage

Date completed: 14th May 2019

Loan amount: £1,410,150

Location: Birmingham

Description:Our clients required a commercial mortgage to purchase two freehold sites as part of a company Management Buy-In (MBI). The commercial mortgage had been declined by the high street banks due to the perceived risk of the MBI structure; however we were able to source a lender to provide the required funding at competitive funding terms to support the overall purchase.

Commercial Mortgage

Date completed: 14th May 2019

Loan amount: £360,000

Location: Manchester

Description:Our client wished to capital raise against his wine bar, which changed from his trading business to one which he rented out to a third party on an investment basis. There were two studio flats above rented on standard AST's. We managed to secure 75% LTV to help enable our client buy more property and grow his portfolio further.

Developer 'exit' funding

Date completed: 10th May 2019

Loan amount: £350,000

Location: Cheshire

Description:Our clients were nearing the end of a development of a residential property and needed to redeem their existing, short term loan facility. We arranged a new facility with a lender who understands this market and were happy to offer a 12 month loan term enabling our clients to market the property properly and secure the best possible selling price.

Commercial Mortgage

Date completed: 2nd May 2019

Loan amount: £270,000

Location: London

Description:Our client is a hair salon owner who had been trading for 2 years. She had 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 a high street lender at a very competitive interest rate and ensured that the bank, valuer and solicitors all acted as quickly as possible to deliver the mortgage by the due date.

Buy to Let Refinance

Date completed: 26th April 2019

Loan amount: £142,500

Location: Staffordshire

Description:Our clients purchased a property for £134,000 from a deceased estate for cash and completed a full refurb at a cost of £30,000. They wanted to refinance within 3 months of ownership and we were able to arrange funding at 75% LTV with a specialist lender on a competitive 5 yr fixed rate based on the new valuation, which came in at £190,000. This allowed our clients to leave 15% of their own funds in the deal and move onto their next target property.

Commercial Mortgage

Date completed: 29th April 2019

Loan amount: £1,104,660

Location: Merseyside

Description:Our client's approached us after working with a previous broker who wasn't able to source a suitable facility for their requirements. The client's had a mixed investment portfolio with an expiring mortgage with another lender which needed to refinanced in a short timeframe. We were able to source a lender who were willing to offer the facility the client's required and refinance in the timeframe required, the transaction completed within 10 weeks of application.

Unsecured Business Loan

Date completed: 18th April 2019

Loan amount: £735,000

Location: North West

Description:Our client owns a successful beauty business and required finance to fund the acquisition of a competitor company. While their existing bank could not provide the funds due to the debt being unsecured, we were able to place the loan with one of our specialist lenders.

Commercial Mortgage

Date completed: 15th April 2019

Loan amount: £70,000

Location: Bolton

Description:Our client was introduced to us by their Mortgage Advisor as they were struggling to place a deal for a HMO due to the it's close proximity to commercial property. While they had tried with various residential lenders before approaching ourselves, we were able to use our extensive panel of specialist lenders to obtain a 75% LTV commercial mortgage at a competitive rate.

Commercial Mortgage

Date completed: 15th April 2019

Loan amount: £150,000

Location: Liverpool

Description:We were approached by our client to help them purchase the building they were trading from - an MOT testing station/garage. We quickly got a deal approved and our clients are now very happy they own the building rather than renting.

Holiday Let Mortgage

Date completed: 11th April 2019

Loan amount: £565,000

Location: North Wales

Description:Our clients were nearing the end of the development of two holiday homes on the North Wales coast when they approached us for a refinance in order to repay their development funder. We arranged the funding with a high street lender who are very familiar with holiday lets and who also offered a competitive mortgage for our clients. The new mortgage completed and enabled our clients to redeem their original loan and recoup the monies they had invested themselves in the project.

Unsecured Business Loan

Date completed: 1st April 2019

Loan amount: £431,420

Location: Manchester

Description:Our client is a specialist veterinary practice who required additional funding to expand their business. The funding was preferred on an unsecured basis and a loan was with a High Street bank with specialist knowledge of the sector. The loan was swiftly approved and provided on very competitive terms to satisfy our client.

Property Investment Mortgage

Date completed: 28th March 2019

Loan amount: £550,000

Location: Lancashire

Description:Our clients, who are experienced property landlords and developers, completed two refurbishment projects whereby they converted commercial premises into apartments. They had funded these developments with bridging finance and as the properties are now complete and tenanted, we successfully arranged finance to repay their existing funder. We also managed to capital raise additional funding which they will utilise towards their next development.

Commercial Mortgage

Date completed: 22nd March 2019

Loan amount: £237,800

Location: Midlands

Description:Our client had agreed to purchase a closed banqueting suite under auction conditions and needed a lender to base serviceability off accountant prepared projections. We were able to arrange funding at 75% LTV with additional security and completion occurred within 6 weeks via a specialist lender which allows our client to look at refinancing once their accounts show sufficient profits.

Commercial Mortgage

Date completed: 16th March 2019

Loan amount: £120,000

Location: Wales

Description:Our client had recently completed just one year’s trading as a new Ltd company. While they had demonstrated small profits in the first year, they were able to provide robust projections to demonstrate how the company would grow in the next 2 years. Having successfully sourced a lender, we were able to secure a commercial mortgage agreed 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.

Buy To Let Mortgage

Date completed: 13th March 2019

Loan amount: £58,157

Location: Wigan

Description:Our clients wanted to refinance their unencumbered BTL property in Wigan to enable them to invest in further investment property. Our clients owned the property as part of a UK Limited Company and one of the directors and shareholders was a non-UK national who also resides outside of the UK. We were able to successfully source a lender who was able to identify the non-UK client and support our clients application.

Development Finance

Date completed: 11th March 2019

Loan amount: £349,348

Location: North West

Description:Our client was a first time developer and required development finance for the purchase of a plot of land and the construction of two bungalows. Funding was sought and arranged with a specialist lender who supported a first time developer and we successfully assisted the client throughout the process, guiding them through their first development experience.

Property Development

Date completed: 8th March 2019

Loan amount: £14,000,000

Location: Liverpool

Description:We were approached by our client to help them purchase a site in Liverpool for a large residential development consisting of 130 apartments. A lender was identified and a deal quickly approved with valuations and legals instructed soon after. We look forward to seeing the project progress over the coming months.

Commercial Mortgage

Date completed: 7th March 2019

Loan amount: £1,255,000

Location: Birmingham

Description:Our client wanted to refinance their portfolio of 8 residential buy to lets. We successfully secured a commercial loan with a LTV of 75% on an interest only basis over a 10-year term.

Commercial Mortgage

Date completed: 11th February 2019

Loan amount: £300,000

Location: Solihull

Description:Our client approached us to refinance their owner occupied commercial property so they reintroduce additional funds into the business for ongoing work. We successfully arranged a commercial mortgage at 75% LTV on a 20 year repayment with interest rates fixed for 3 years.

Commercial Mortgage

Date completed: 27th February 2019

Loan amount: £1,700,000

Location: Sheffield

Description:Our client was given the opportunity to purchase the Industrial Park from which they traded from. The sale included their own 2 units which they were renting plus 29 additional units which were being rented out to other businesses. We achieved a commercial mortgage of 70% LTV on a site which is largely a commercial investment at a rate of 2.55% plus base.

Commercial Development Loan

Date completed: 19th February 2019

Loan amount: £319,902

Location: Staffordshire

Description:Our clients are in the process of converting a former farm and outbuildings into a wedding venue. Having purchased the venue using their own funds, they needed a lender willing to advance funds in stages towards the build so they could achieve a tight opening deadline date given they already have a number of confirmed bookings.

Commercial Mortgage

Date completed: 8th February 2019

Loan amount: £144,571

Location: North Wales

Description:Our client needed to release equity from their unencumbered social club for working capital. They had previously approached their existing lender but had been declined due to a lack of affordability. We were able to work with their accountant to provide projections to prove affordability and were then able to source an alternative lender who was comfortable to lend to our clients using these projections for their affordability assessment.

Development Finance

Date completed: 28th February 2019

Loan amount: £5,505,000

Location: North West

Description:Our client approached us to broker a funding facility for the last phase of a large housing development in the North West. We successfully sourced a lender who provided a higher and less restricted loan to value than our client's existing High Street bank. This meant that our client was able to retain company funds to progress other projects.

Commercial Mortgage

Date completed: 22nd February 2019

Loan amount: £395,000

Location: Manchester

Description:After helping our client with development finance to refurbish a ground floor retail unit along with planning for 2 new apartments above we have now assisted with the exit of the development funding with a term facility with a High Street lender. The development funding was repaid along with raising some additional capital towards the clients next project.

Bridging Finance

Date completed: 15th February 2019

Loan amount: £100,000

Location: Lancashire

Description:Our client, an experienced property landlord, negotiated the purchase of a house and needed to raise deposit funds very swiftly. We utilised an existing commercial property which our client owned outright while sourcing a lender to facilitate the funding using this property as security for the loan. The transaction completed in under 28 days and within our clients timescales.

Development Finance

Date completed: 4th February 2019

Loan amount: £145,000

Location: Kent

Description:Our client was a first time developer looking to build a pair of semi-detached houses. Despite this being the first project for our client and a development size normally too small for most lenders to consider, we were able to secure funding for our client.

Commercial Mortgage (SSAS)

Date completed: 30th January 2019

Loan amount: £750,000

Location: Manchester

Description:Our client was looking to remortgage and capital raise against their existing industrial unit, which is owned by their SSAS (Private Pension). The trading business had recently gone through and administration process, however bought its way out in the last 6 months. The business is continuing to trade on an upwards curve. Using certified projections backed by more recent trading figures, we managed to raise a SSAS mortgage for our client to assist them with the recovery and growth of the business.

Commercial Mortgage

Date completed: 20th January 2019

Loan amount: £157,000

Location: Liverpool

Description:Our client wanted to remortgage a residential investment property to pay off a bridging loan. With only 21 days until the bridging loan expired and the refurbishment taking longer than expected, we are able to successfully secure a mortgage within 24 hours of application with the valuation and legals instructed immediately. Our client was able to complete the remortgage in time to avoid any bridging loan penalties.

Re-finance of residential investment property

Date completed: 24th January 2019

Loan amount: £140,455

Location: Liverpool

Description:Our client, an experienced property landlord, had previously purchased a property using a bridging loan and wanted to retain the property for longer term investment. The loan had to be secured quickly to repay their existing bridging loan without penalty, which was duly done.

Unsecured Business Loan

Date completed: 18th January 2019

Loan amount: £180,000

Location: Oldham

Description:Our client was looking to acquire another business whilst also looking to buy out another shareholder. We successfully arranged an unsecured business loan to assist with the transaction. The funds we available within a couple of weeks to enable our client to complete the deal.

Commercial Mortgage

Date completed: 14th December 2018

Loan amount: £1,600,000

Location: Staffordshire

Description:Our Staffordshire based clients approached us to assist them with securing a £1.6million commercial mortgage to develop purpose built premises for their business. We were able to secure the full amount required and completed within our clients’ timescales.

Development Finance

Date completed: 20th December 2018

Loan amount: £250,000

Location: Cheshire

Description:Our client wanted to expand their online retail business and move into a new rented facility on a 10 year lease. They needed to fit out the new large warehouse premises including the additional of a mezzanine floor, with some surplus funds being used to purchase additional stock. We successfully raised an unsecured loan of £250,000 on a 5 year repayment schedule completing the loan within 4 working days.

Purchase of residential investment property

Date completed: 20th December 2018

Loan amount: £85,000

Location: Lancashire

Description:Our client, an experienced property landlord, was successful when bidding at auction and required funding to complete on a purchase. Under the auctions conditions, they needed to complete the transaction within 28 days so speed was the priority. We secured funding with the loan completion within 10 working days - much to our client's delight.

Unsecured Business Loan

Date completed: 20th December 2018

Loan amount: £220,000

Location: Cheshire

Description:Our client's business is expanding with an additional depot being opened thus the business required funding to assist with the purchase of additional stock and working capital to support cashflow. An unsecured loan was provided with the benefit of detailed forecasts to assist with the continued growth.

Development Finance

Date completed: 19th December 2018

Loan amount: £1,452,024

Location: Merseyside

Description:Having already purchased a site and successfully secured planning permission for 8 new build apartments, our clients were looking for a development lender to work with them to provide 100% of the build costs plus interest roll up and fees, although they were under a tight timeframe to complete and drawdown funds to complete on another opportunity. We were able to secure funding on very competitive terms being 7.25% p.a with no exit fee with a lender who was able to meet with the clients quickly and get the valuer, QS and legal team on board to enable a smooth completion in the required timescales.

Commercial Mortgage

Date completed: 17th December 2018

Loan amount: £162,000

Location: Manchester

Description:We were introduced to a client who wanted to refinance their Hotel so they could carry out refurbishments as they had been declined by their existing bank. After a meeting with the client the application was submitted and an approval sought from a specialist lender. The valuation was quickly carried out and legals instructed with a completion taking place before Christmas.

Residential Multi-Unit Investment Mortgage

Date completed: 12th December 2018

Loan amount: £108,500

Location: Blackpool

Description:Our client wanted to purchase an investment property in 2014. They agreed a purchase price with the vendor at the time and also paid a deposit to secure the property, plus agreed a monthly rent until the purchase completed. In turn, the clients sublet the property in order to generate an income plus spent considerable funds refurbishing the property which led to an enhanced value. Based on the enhanced value of the property we were able to source a lender who accepted the initial deposit and the clients’ expenditure on the refurbishments, which meant they could provide a mortgage for 100% of the balance owed to the vendor.

Commercial Mortgage

Date completed: 6th December 2018

Loan amount: £600,000

Location: Midlands

Description:Our clients business had previously gone into administration having suffered financial difficulties. Having set up a new trading company, they were looking to purchase their old trading premises back from the administrators. We successfully sourced a lender who saw potential in our clients business and arranged a commercial mortgage at 90% LTV with a competitive rate to enable them to complete on the purchase.

Residential Investment Mortgage

Date completed: 18th November 2018

Loan amount: £135,000

Location: Liverpool

Description:Our client approached us after unsuccessfully trying to refinance a block of 6 residential units with another broker. The deal was time critical as the funds were being used for a part completed commercial development. We were able to successfully secure funds at 75% LTV within our clients requested timescales.

Residential Investment

Date completed: 27th November 2018

Loan amount: £63,500

Location: Liverpool

Description:Our client, an experienced property landlord, negotiated the purchase of a house in Liverpool which they plan to refurbish and sell. The vendor was motivated to sell and our client consequently secured a great deal on the condition the transaction completed within a week. We arranged a short-term bridging loan achieving completion in just six days.

BTL Portfolio Mortgage

Date completed: 19th November 2018

Loan amount: £652,500

Location: Cheshire

Description:Our clients wanted to release equity against a portfolio of 6 self-contained flats which were fully let. We were able to secure a 5 year fixed rate at 3.75% being 75% LTV over 25 years allowing our client to release the funds required to re-invest in other projects.

Development Finance

Date completed: 10th November 2018

Loan amount: £108,000

Location: Crewe

Description:Our client is new to property development and recently completed their first purchase and refurbishment project. They saw another property that they wanted to purchase at auction and using their existing property and the new property as security we successfully arranged 100% finance for the new purchase plus funds to refurbish the new property. This loan was arranged despite our clients having no other source of income and only 3 months property development experience.

Development Finance

Date completed: 16th November 2018

Loan amount: £131,000

Location: Lancashire

Description:Our client had a reasonable sized garden in his property and had managed to obtain planning permission to split the title for the land at the rear of his home. We successfully raised 100% of the build costs for our client to build a house adjacent to their property, which will eventually produce a projected profit of £250,000 upon sale.

Commercial Mortgage

Date completed: 7th November 2018

Loan amount: £262,500

Location: Cheshire

Description:We were introduced to our client who was looking to purchase additional premises to enable them to bring a number of teams within their business all under one roof. We quickly arranged for a loan with a High Street lender at 75% loan to value. Legals were instructed and completion was undertaken within 5 weeks.

Commercial Mortgage

Date completed: 16th October 2018

Loan amount: £97,500

Location: Rhyl

Description:Our clients were operating a small café in Rhyl however did not like paying the expensive rents to their landlord. They decided to purchase a unit on the same street and we successfully raised 75% of the purchase price with monthly repayments being significantly lower than their previous rental payments.

Refinance of Serviced Accommodation Properties

Date completed: 20th October 2018

Loan amount: £270,000

Location: Lancashire

Description:Our client, an experienced property landlord had recently purchased three properties which he had refurbished and is now advertising via Airbnb and booking.com. We successfully raised finance for him to use for his next purchase and subject to the success of these first three serviced accommodation units, our client aims to expand his portfolio over time.

Commercial Investment Mortgage

Date completed: 10th October 2018

Loan amount: £542,500

Location: Cheshire

Description:Our client wanted to release equity against a portfolio of 12 self-contained flats which were fully let. We were able to secure a 5 year fixed rate at 3.86% being 70% LTV over 25 years allowing our client to release funds to be used towards other investments.

Unsecured Business Loan

Date completed: 19th October 2018

Loan amount: £50,000

Location: Wigan

Description:We were approached by our client to arrange an unsecured business loan to enable them to refurbish and extend their already very successful bar and restaurant business. The deal took 10 days from application to drawdown.

Unsecured Business Loan

Date completed: 25th September 2018

Loan amount: £199,500

Location: Accrington

Description:Our client was looking to move into a new retail premises but needed to add a mezzanine floor and provide a full fit-out to the unit. The unit was leased so we could not use the equity in the property and therefore raised an unsecured loan to cover the full fit-out plus a small amount towards stocking the new unit.

Bridging Finance

Date completed: 20th September

Loan amount: £317,000

Location: Manchester

Description:We were approached by our client to arrange a bridging facility to enable to them to repay an appointed LPA receiver. We quickly arranged a loan to be approved with the valuation instructed, legals instructed with the deal completing within 3 weeks.

Commercial Mortgage

Date completed: 18th September 2018

Loan amount: £110,000

Location: Stockport

Description:Our client approached us as they required funding to purchase a new premises for their trading business. We were able to secure funding at 70% LTV while the deal completed in less than 8 weeks.

Commercial Mortgage

Date completed: 14th August 2018

Loan amount: £500,000

Location: Anglesey

Description:Our client owns a holiday let property and wanted to re-finance it to release equity to enable them to purchase another holiday let property. The loan was sourced and provided on a fixed rate mortgage to provide some certainty over future repayments.

Commercial Mortgage

Date completed: 14th September 2018

Loan amount: £115,000

Location: Liverpool

Description:Our client owns a hairdressing salon which has been trading for 18 months. They required a remortgage in order to repay an expensive bridging loan that they had taken out to purchase their trading premises. After being declined by their own bank, we were able to use our extensive panel of lenders to source a mortgage that was sufficient to repay the bridging loan plus release further funds to extend the salon building.

Unsecured Business Loan

Date completed: 14th September 2018

Loan amount: £75,000

Location: Cheshire

Description:We were approached by our client to arrange an unsecured business loan to enable them to exit their existing invoice finance facility and increase their working capital balance. The deal took 10 days from application to drawdown.

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.

Scroll To Top