Case Study –Large Portfolio Remortgage

Value	£4,200,000
Loan Amount	£2,050,000
Location	Essex
LTV	49%
Achieved Rate	2.99%

The Client

Our client had a large property portfolio in Essex compromising over 23 properties. Within the portfolio were a mix of commercial assets, multi-unit blocks, leasehold apartments and freehold houses. They had an existing portfolio loan that had reached the end of its term and therefore needed to refinance their entire portfolio. Our client was currently using a private bank, however, wanted to look at alternative lenders, as they were not happy with the loan to value convents.

The Solution

We were able to secure our client an offer with a high street lender that was willing to lend on all properties, individually. This enabled the client the flexibility to repay an individual loan without amending the details of the entire portfolio.

The Henry Dannell Difference

Using our knowledge of the portfolio market, we were able to source a product/lending solution that was fitting to our client's requirements, whilst also obtaining a highly competitive high street rate, that was secured prior to the end of their existing mortgage.