Case Study –Day One Refinance of Unencumbered Property

Property Value £575,000
Loan Amount £220,000
Location Cheshire
LTV 38%
Achieved Rate 3.49%
Completed January 2023
Adviser Courtney Flockhart

The Client

Our client successfully completed the purchase of his new residential property with a cash payment, as the vendor requested a speedy transaction. In order to reimburse his parents for the funds they provided him for the property acquisition, he had to raise £220,000.

man smiling on sofa looking at his tablet