With a mixed asset portfolio, our client sought capital for new investments. Utilising our well-establishing relationships with lenders, we were able to successfully raise £1.8 million on behalf of our client.
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Our Italian client pursued a €5,000,000 property acquisition, seeking a loan covering the full property value and completion within 5 weeks. This case showcases Henry Dannell's expertise in high-value property financing, demonstrating our ability to collaborate with professional introducers and deliver tailored finance solutions.
With our strategic approach, coupled with a comprehensive understanding of lenders' criteria, the case progressed based on the client's salary, without the need for the lender to assess the company's financials.
During the period between the mortgage application submission and completion, the lender's rates experienced a significant decrease. We took prompt action and secured a revised mortgage offer that reflected the latest rates, resulting in the client saving a remarkable £670 per month on their monthly payments.
Despite complexities, through our diligent efforts and well-established relationships with lenders, we were ultimately successful in securing the financing our client required.
The benefit of using Henry Dannell is the knowledge and relationships we have with private banks, enabling us to find suitable solutions for clients with more complex cases such as this.
We found a solution that allowed the client to complete on their dream property and exit their bridging loan onto a standard mortgage, once the high street lender had concluded their underwriting.
We were able to discuss the case directly with the senior underwriter to provide a clear explanation of the client’s income, enabling the underwriter to approve the application swiftly which allowed the client to meet their exchange and completion deadlines.
We were able to source a lender who was comfortable lending, based on the rationale we provided as to why the clients were able to run multiple jobs.
The difference in what we were able to do, was use our connections to support the client to achieve their required outcome, whilst retaining the buyer for her existing property and enabling her to complete within the deadline provided by the vendors.