Mortgage Case Studies
The following case study is an actual case , which
has been dealt with in the past 5 years.
| Guest
House Refinance |
| Location: Eastbourne |
|
Property Type: Guest House, valued at £175,000 |
|
Case details: Refinance monies used to carry out
some refitting and overhaul to renovate before
the new season was under way. Lent £130k (74%
ltv) at a margin of 5.25% with applicant using
self certification and supporting accountants
certificate. The applicants also had a history
of consultancy income within the IT industry.
The mortgage was over a 20 year term. The
applicant had an up to date mortgage history. |
| |
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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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