Mortgage Case Studies
The following case study is an actual case , which
has been dealt with in the past 5 years.
| Village
Store |
| Location: Warwickshire |
|
Property Type: The applicant refinanced a Village
general store incorporating post office, off
license and in-bakery |
Case details: The property also had residential
accommodation where the owner resided. The
husband and wife team used the £300,000 advance
to consolidate some existing debts short term.
The Property valued at £400,000 and the husbands
employed income as operations director of a
local manufacturing business supported the
repayment ability of the application. A margin
of 4.5% over base rate was applied to the 20
year mortgage.
|
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*a proportion of these cases were dealt with directly through our
mortgage provider and are here to provide you with
an insight as to what mortgage problems can be dealt
with
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