Case Study –Barrister – New Residential Purchase

Value £4,000,000
Loan £2,000,000
LTV 50%
Achieved Rate 1.19%
Term 5-year fixed

The Client

Our client had found a property to purchase at £4m and required lending of £2m. Whilst our clients recent annual income figure was strong, it had all been generated after her latest accounts had been finalised. The income outlined on her tax returns was therefore not reflective of her actual earnings.