A selection of our completed deals
Commercial Mortgage
Date completed: 25th October 2023
Loan amount: £1,4000,000
Location: Upton
Description:Client purchased a multi-unit freehold block consisting of 40 apartments for £1.4m with assistance of a bridging loan facility. Our client subsequently split the flats onto individual leasehold titles to add significant value to the property, and we then raised a £1.4m long term mortgage facility based on the increased value in the property which went up to £2m at 70% LTV. Client effectively leaving very minimal funds in the deal.
Bridging Loan
Date completed: 20th October 2023
Loan amount: £320,790
Location: Coventry
Description:We supported new clients with a refurbishment bridging loan to secure a run down property arranged as 8 x studio units that our clients purchased at auction. Despite a slight down valuation we were able to secure an 85% LTV product on very competitive terms over 18 months with no exit fee within the auction completion timeframe which will allow our clients to complete the refurbishment of the property. At which point we will assist with the switch to a multi unit BTL investment mortgage based on 75% LTV of the increased value post works which will allow them to effectively retain the property in their portfolio. At the same time pull out their original investment whilst using the original deposit funds to acquire their next project.
Semi-Commercial Investment
Date completed: 17th October 2023
Loan amount: £441,000
Location: Surrey
Description:The client was purchasing a semi commercial investment property. The property is currently empty and in need of refurbishment but the client was not looking for development finance and did not want a lender to be involved in the development of the property. The client was a first time commercial investor and we were able to provide a mortgage for 70% of the value of the property. Once the property was purchased the clients intention was to refurbish it and then rent it out.
Commercial Mortgage
Date completed: 6th October 2023
Loan amount: £420,000
Location: Wirral
Description:Clients sought a commercial mortgage to purchase the freehold to a public house which they had rented since 1999 and had an opportunity to purchase from the brewery. A lender was sought who would provide a 100% mortgage with the benefit of additional security on another property and terms were presented to the clients which satisfied all requirements and allowed them to fulfil their long-term dream of owning their business premises. The completion was dealt with in a quick manner to meet a tight deadline with the brewery.
Unsecured Business Loan
Date completed: 28th September 2023
Loan amount: £205,000
Location: Oldham
Description:Client has accumulated a significant amount of unsecured business loan debt, at high interest rates and short terms, which was really affecting the cash flow of their trading business. We consolidated these debts via a second charge on the clients main residence, lowering monthly repayments by over £7,000 per month; thus significantly easing the pressure on the business.
Commercial Mortgage
Date completed: 22nd September 2023
Loan amount: £1,400,000
Location: Aylesbury
Description:Our client approached us after having problems re-financing a property after he had developed a commercial unit consisting of 9 units from the ground up. After receiving the valuation report, the commercial lender was not able to lend enough funds to fully pay off the development loan leaving the client in a difficult position of having to sell. We were able to step in and assist and we worked with the same lender and the same valuer to improve the original valuation figures. We were able to source the client a £1,400,000 loan in order to fully pay off the development finance with a commercial mortgage and the client also received a further £150,000 to replenish some of his savings ready for his next project.
Bridging Loan
Date completed: 21st September 2023
Loan amount: £2,000,000
Location: Liverpool
Description:Experienced property investor required support to purchase a complex investment property, which required extensive renovation following damage to the property. The client requested funding to assist with the purchase only and wanted to fund the refurbishment costs through their cashflow and management and without the need for professional monitoring, which most lenders would insist on. A lender was sourced who would support on the purchase only and rely on the client's experience and credibility to complete the scheme. This reduced the clients professional fees and allowed a completion deadline to be met.
Commercial Mortgage
Date completed: 20th September 2023
Loan amount: £1,950,000
Location: Glasgow
Description:My client operates in the leisure industry trading from a large commercial building in Glasgow spanning 3-floors. We have provided a commercial mortgage to consolidate multiple, high-interest bearing unsecured debts, as well as raising more equity to invest in the business. New facility has saved the client c. £7k per month.
Commercial Mortgage
Date completed: 8th September 2023
Loan amount: £168,750
Location: North West
Description:The clients were introduced by their business sales agent and were looking for a lender who could support with the purchase of an existing convenience store. They required a lender who could support with both a mortgage over the commercial premises and a business loan to support with the purchase of the goodwill. We were able to secure 75% of the total purchase price and complete within the clients required timescales.
Bridging Loan
Date completed: 1st September 2023
Loan amount: £275,000
Location: Wales
Description:Our client, an experienced property landlord, owns a number of commercial investment properties. The subject of this application was a shop, which he owned outright and he wanted to raise capital very quickly as he had identified a new property which he wanted to purchase asap, again as an investment. Through our extensive panel of lenders we were able to provide an immediate offer followed by a seamless and swift process from valuation to completion, within just four weeks, enabling our client to present himself as a 'cash buyer' on the new property.
Semi-Commercial Mortgage
Date completed: 22nd May 2023
Loan amount: £250,000
Location: Croydon
Description:We were recently approached by our client, a first-time landlord, who had the opportunity to purchase a ground floor barbers with a 5 bedroom HMO above. We were able to secure a commercial mortgage of 70% LTV for our client and they are already on the look out for their next purchase!
Commercial Investment Mortgage
Date completed: 17th May 2023
Loan amount: £1,002,375
Location: Cheshire
Description:Our client is an experienced commercial landlord who primarily provides quality 1-bedroom self-contained flats which are let by way of a 20 year lease to a supported living established operator. We were able to secure very competitive terms and our client can now invest further.
Property Investment Mortgage
Date completed: 12th May 2023
Loan amount: £1,600,000
Location: Essex
Description:Our client recently approached us as they needed to re-pay a short term loan they had taken out by a specific date. We were able to secure a long term property investment loan which also enabled them to raise some further capital to use towards their next project.
Bridging Loan
Date completed: 5th May 2023
Loan amount: £163,500
Location: West Wales
Description:We assisted our client with a bridging facility as they needed to move quickly in order to raise funds for a purchase. We secured funding against some buy to let properties that our client owned and funds were released in the time required.
Commercial Mortgage
Date completed: 2nd May 2023
Loan amount: £1,487,500
Location: Cumbria
Description:We recently supported our client with a refinance of their 12-bedroom hotel in the Lake District. Our client had purchased the property with a view to carry out a high spec refurbishment. Now the refinance has completed our client has replenished their funds with some spare change to put towards their next project!
Bridge to term
Date completed: 22nd April 2023
Loan amount: £183,600
Location: Nottinghamshire
Description:Our client was recently introduced through a property advisor as they were looking for an exit on a bridging loan they had sourced themselves. We were able to source 75% LTV against a commercial valuation and complete the transaction on the last day of the deadline to repay the bridging lender without penalty.
Bridging Loan
Date completed: 19th April 2023
Loan amount: £187,000
Location: Manchester
Description:We recently assisted an overseas client who had bought a property in the UK and was looking to convert it to a HMO property to maximise the long term rental return. We were able to source the funding required whilst also ensuring there are options available for a long term mortgage to exit the briding loan.
Commercial Mortgage
Date completed: 19th April 2023
Loan amount: £100,000
Location: East Wales
Description:Our client runs a successful veterinary practice. They were looking to purchase the trading premises from their father, to allow him to retire from the business. We were able to source a loan and our client's father has now successfully retired.
Serviced Accommodation - Portfolio Refinance
Date completed: 13th April 2023
Loan amount: £2,275,000
Location: Edinburgh
Description:Our client is an experienced serviced accommodation provider who owns multiple properties across Scotland. They had expensive, short-term finance outstanding on their portfolio due to purchasing properties and then refurbishing them. We successfully arranged a refinance of their property portfolio on to a long-term commercial mortgage, reducing their monthly outgoings significantly.
Management Buy Out
Date completed: 12th April 2023
Loan amount: £735,000
Location: North East
Description:We recently supported our client who sought after a loan of £735,000 to acquire the majority shares as part of a Management Buy Out. Following the unexpected death of the majoirty shareholder and director, we were able to provide advice in sourcing the funding to acquire the shares. A loan was sought and approved and clients are now the proud owners of the business to take forward for many years.
Commercial Mortgage
Date completed: 10th April 2023
Loan amount: £111,600
Location: Stockport
Description:Our client approached us for assistance as they wanted to purchase a commercial property at auction. We were able to secure a mortgage agreed in principle prior to the auction and our client was successful at auction. The valuation was carried out and the report was received back in just 5 days. Completion took place within the 28 day deadline and our client was over the moon!
Bridging Loan
Date completed: 6th April 2023
Loan amount: £2,077,355
Location: Caernarfonshire
Description:Our client asked for our urgent support to secure a bridging facility as their existing loan was due to expire. We were able to source a suitable lender and the deal completed within 18 days! A fantastic team effort all round from the client and ourselves, the lender and the solicitors.
Commercial Portfolio Investment Mortgage
Date completed: 2nd April 2023
Loan amount: £1,326,000
Location: Blackburn
Description:Our client approached us as they required a Shariah compliant mortgage in order to release funds from a range of unencumbered commercial investment properties to assist with funding for other on-going developments. Whilst the appetite for commercial investment asset class is limited at present we were still able to find a solution for our client which met with their requirements.
Property Investment Loan
Date completed: 23rd March 2023
Loan amount: £150,000
Location: Manchester
Description:Our client is an experienced property landlord who had sourced an 'off-market' opportunity to purchase a residential investment property. The owner needed a quick sale and so our client decided to negotiate a fantastic purchase price with the vendor, on the condition that the sale would be completed within 14 days. We were able to achieve the time-frame with a short term bridging loan for our client.
Refinance
Date completed: 22nd March 2023
Loan amount: £499,800
Location: Bradford
Description:We recently assisted our client who has carried out a number of acquisitions for growth. We were able to support them with a refinance of their portfolio, allowing cash to be released for further investment.
Commercial Mortgage
Date completed: 16th March 2023
Loan amount: £49,000
Location: Glasgow
Description:Our client is an accountant and had always worked from a rented premises. After finding the perfect property, our client now works from their own premises, saving them
Commercial Mortgage
Date completed: 16th March 2023
Loan amount: £150,500
Location: Nottinghamshire
Description:Our client recently approached us to support them with a commercial mortgage after rennovating a property that was previously unsuitable for mortgage purposes. They have now refinanced from a bridging loan onto a long term mortgage product and raised 75% of the uplifted value.
Bridging Loan
Date completed: 7th March 2023
Loan amount: £760,000
Location: Glasgow, Scotland
Description:We assisted our client who was looking to acquire a large farm in the North of Scotland. We were able to support our client by approaching a specialist bridging lender and completing within 6 weeks.
Commercial Mortgage
Date completed: 2nd March 2023
Loan amount: £1,000,000
Location: Scarborough
Description:Our client was looking for a commercial mortgage after they completed a full refurbishment of an old hotel that had been closed for quite some time. We were able to secure a 65% loan to value commercial mortgage using projections verified by an accountant.
Commercial Mortgage
Date completed: 23rd February 2023
Loan amount: £321,300
Location: Sheffield
Description:Our client was looking to refinance their two semi commercial properties to raise funds for additional property investment. They had previously been declined due to their credit profile and we were successful in securing a more competitive deal.
Property Portfolio Refinance
Date completed: 20th February 2023
Loan amount: £684,432
Location: Glasgow
Description:We recently assisted our client with the refinance of their property portfolio. Our client was looking to release some equity and invest further.
Bridging Loan
Date completed: 16th February 2023
Loan amount: £400,000
Location: Stockport
Description:We were approached by our client as they required urgent funds for cash flow within their trading business. Our clients own a property free of mortgage which we raised funds against to allow capital to be injected for short-term cash flow issue. The transaction from start to finish was 15 days!
Commercial Mortgage
Date completed: 9th February 2023
Loan amount: £330,000
Location: Midlothian, Scotland
Description:We recently supported an established building company to buy their new premises after they had been renting a smaller premises for over 10 years. The building that they acquired is a Grade B listed building and a former church, offering a stunning workshop and office space which will allow them to continue to grow the operation. The mortgage will also save them money each month against what they were paying in rent. Due to the quirkiness of the building, many lenders were unable to assist with the purchase but we were able to secure a competitive fixed rate deal with a challenger bank and our client was delighted with the outcome.
Commercial Mortgage
Date completed: 8th February 2023
Loan amount: £1,168,410
Location: West Midlands
Description:Our client sought a commercial mortgage to repay a bridging loan. Their bridging loan was originally arranged by us, Watts Commercial Finance, to assist with a vacant property purchase which required refurbishment and letting. Once the property works were completed and the property let, a commercial mortgage was arranged which both repaid the bridging loan and repaid our client's investment in the property, allowing our client to roll the equity into their next property venture and grow their portfolio further.
Commercial Mortgage
Date completed: 3rd February 2023
Loan amount: £126,875
Location: Weston-super-Mare
Description:We recently supported our client who owned a commercial investment property with a family member. Our client was looking buy their family member's share of the property. We successfully helped our client to raise a mortgage of £126,875 in order to complete the buy out.
Development Finance
Date completed: 3rd February 2023
Loan amount: £1,944,420
Location: Staffordshire
Description:Our recently assisted our client as they had identified their next development for 3 luxury detached houses. They needed to progress quickly due to interest in the target site, however their contribution was still tied up in their current completed site awaiting completion. We were able to secure a flexible development facility across both sites effectively.
Commercial Mortgage
Date completed: 31st January 2023
Loan amount: £875,000
Location: Manchester
Description:We assisted our client with the purchase of their current trading premises which they had been renting. The deal was secured with a high street bank who funded 70% of the purchase price on a repayment basis over 15 years. Our client is so happy to have their own asset with no more rent to pay!
Commercial Mortgage
Date completed: 30th January 2023
Loan amount: £300,000
Location: Cumbria
Description:Our client, a care home operator, owned their business premises outright and was looking to secure funding in order to carry out some building works on another property within their portfolio. We were pleased to secure their mortgage on the terms requested. Funds were released to our client just 4 weeks after their formal offer was produced.
Commercial Mortgage
Date completed: 27th January 2023
Loan amount: £123,500
Location: Cardiff
Description:We have recently supported our client who wished to raise funds against a commercial property they own in Cardiff. We assisted and our client now has funds to purchase further investment properties to grow their portfolio.
Short-Term Property Investment Purchase
Date completed: 27th January 2023
Loan amount: £375,000
Location: Cheshire
Description:Our client asked for our support as they needed to urgently complete on a property that they had plans to develop. With the support of the lender we were able to complete within the time frame and look forward to supporting our client with the development finance aspect in due course.
Property Portfolio Refinance
Date completed: 26th January 2023
Loan amount: £401,000
Location: Helensburgh
Description:We recently assisted our client who was looking to refinance their existing property portfolio in order to release funds for further investment.
Commercial Mortgage
Date completed: 16th January 2023
Loan amount: £295,000
Location: South Edinburgh
Description:We supported our client, an established children's nursery operator, when they wished to purchase their current premises from their landlord. After trading there for over 10 years, our client recognised the benefit of owning their own premises. We were able to secure 100% of the funding required. The mortgage will now save them a considerable amount of money per month, as well as allowing them the opportunity to expand.
Commercial Mortgage
Date completed: 9th January 2023
Loan amount: £92,400
Location: Preston
Description:We recently supported our client who had been running their cafe business through a rental opportunity for the past 5 years. After their landlord announced the property was to be put on the market, we were able to assist and source a suitable commercial mortgage. Despite the downturn in the hospitality sector since Covid, we demonstrated that the business had been profitable pre-pandemic and completed within 8 weeks. Our clients now operate from their own trading premises which provides long term security.
Property Portfolio Refinance
Date completed: 9th January 2023
Loan amount: £4,800,000
Location: Midlands
Description:A long-standing client recently got in touch to discuss refinancing their property portfolio in order to release funds for further property investment. We were so pleased to secure a 5 year fixed rate deal for 75% of the combined property values, allowing our client to grow their portfolio further.
Commercial Mortgage
Date completed: 6th January 2023
Loan amount: £217,500
Location: Hampshire
Description:We recently assisted our client with their first commercial purchase. Having secured a ground floor betting shop, we were able to fund 75% of the purchase price. Our client is over the moon to have completed on their first commercial investment and is already on the hunt for their second!