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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