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Refinance of 3 Buy to Let properties to release equity.

Deal Structure

 

75% LTV

Interest Rate 1.99% fixed for 2 years

2.5% Arrangement Fee

£525k loan amount

Deal Summary

 

Our professional landlord client had built up a large property portfolio up over the years. He was looking to invest in further property projects but needed to generate some cash in order to get the projects off the ground. He therefore asked us to look at refinancing 3 of his unencumbered Buy to Let properties which had a combined value of £700k

With his experience in the sector, a lowly geared portfolio and clean credit history we were able to source some very competitive deals.

Our client opted to take the product that had the cheapest interest rate whilst also offering a high Loan to Value in order for him to raise £525k with interest payments of just £829 per month

Contact Simon Parkinson

07503 722 838

Simon@positivecommercialfinance.co.uk

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