CASE STUDY
At Henry Dannell, we’re proud to share another successful story. Recently, our team helped senior partners at a world-renowned law firm achieve their property goals.
Our clients approached us with a time-sensitive situation. They had identified their dream property, a stunning 2,100 square foot apartment in a prime central London development, but their existing home wasn’t yet sold. They needed to move quickly to secure the new property and desired a high loan-to-value (LTV) mortgage of 85% on the £6 million purchase price. Additionally, they wanted the flexibility to adjust the loan structure once their current property sold – all without impacting their investment portfolio.
Tailored Solutions to Meet Client Needs
Our understanding of our clients’ financial profiles and circumstances allowed us to quickly establish the lender most suited to them and their needs. Leveraging our close relationship with the chosen lender, we secured an acceptance in principle on the same day the enquiry was received. This allowed our clients to proceed with a formal offer on their dream home.
Throughout the process, we maintained open communication with the lender and the clients, ensuring all financial details and requirements were clear. This resulted in a swift issuance of a formal mortgage offer.
Expertise and Relationships: Key to Success
Drawing on our comprehensive understanding of our clients’ financial profiles, we were able to effectively present this to the lender and secure them the desired 85% LTV facility. This allowed our clients to move forward with the purchase without selling their existing residence and to reduce the loan amount within the first year without penalty once their previous home is sold.
Stephen Bourke, Senior Mortgage and Protection Adviser at Henry Dannell, comments: “We are delighted to have helped our clients achieve their dream of owning this magnificent property. Our focus on understanding individual needs and crafting tailored mortgage solutions sets us apart. It was a pleasure working with these clients and ensuring a smooth and successful outcome.”
At Henry Dannell, we are specialists in dealing with professionals with intricate financial profiles and are committed to making your dream home a reality. If you are seeking a bespoke mortgage solution, contact us today to discuss your unique needs and explore how our expertise can help you achieve your goals.
Please note: a mortgage is secured against your home or property. Your home or property may be repossessed if you do not keep up repayments on your mortgage or any other debt secured on it.
