Mortgage Case Studies

The following case study is an actual case , which has been dealt with in the past 5 years.

 

Music Shop Refinance
Location: London
Property Type: Refinance of a telecommunications and music shop in Islington, London
Case details: The property was valued at 340,000 and the applicant needed to raise capital in order to acquire new stock and refurbish the living accommodation before he moved in. An advance of 190,000 was made available at a rate of 4.25% over a 20 year term.
 
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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
The overall cost for comparison is 10.53% APR. The actual rate available will depend upon your circumstances. Ask for a personalised illustration. Early repayment charges apply. A broker fee of 1% may apply.  Your home may be repossessed if you do not keep up repayments on your mortgage.Our Financial Resources directory is available here