Case Study –Refinancing for Renovation Works

Value £4,500,000
Loan Amount £600,000
Location Pimlico
LTV 13.33%
Achieved Rate 1.95% 10-year fixed
Completed June 2022
Adviser Courtney Flockhart

The Client

Our clients, both working in various roles as non-executive directors were looking to refinance their unencumbered property to borrow funds in the sum of £600k, for planned renovation works. Having already spoken with a lender, and been declined due to the adviser not being comfortable with each of their multiple job roles, they urgently required support to confirm funds to book their contractors.