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Limited company Purchase of Multi Unit Freehold Block

Deal Structure

75% Loan to Value

£350,000.00 loan facility

Interest Rate 3.99% fixed for 5 years, Interest Only

10-year term

 

Deal Summary

Our client wanted to purchase a block of 4 flats in a sought-after location, however his usual broker couldn’t help him because the purchase was to be done in a Limited Company structure.

 

We have multiple lenders who would consider this type of transaction so we requested indicative quotes and presented these to our client, giving a range of options to choose from. The client opted for a 75%, Loan to Value, 5 year Fixed Rate deal that gave him some flexibility for overpayments, should he wish to.

Simon Parkinson

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Simon Parkinson

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Positive Commercial Finance is a trading name of Business Financial Solutions Limited. Registered in England & Wales 06451075. Registered office address Warth Business Centre, Warth Road, Bury BL9 9TB. Authorised and regulated by the Financial Conduct Authority (716012). Full members of the NACFB and FIBA. ICO registration reference Z1196910.