CASE STUDY
Securing a high-value mortgage can be particularly challenging for individuals with complex financial circumstances, as was the case for our client—a founding partner of a private equity firm domiciled in Belgium but residing in the UK. While the client had a strong financial history and substantial assets, they hadn’t drawn any immediate income from the business, which made obtaining a mortgage more difficult. Faced with a tight deadline to purchase their £3.4m family home, they needed our support to navigate these complexities swiftly and effectively.
Overcoming Financial Complexity
Despite the client’s impressive asset base, their lack of immediate income presented a significant hurdle in securing a mortgage. Many lenders would have seen this as too great a challenge. However, we recognised the broader picture and confidently took on the case, knowing we could deliver the right solution. The client was introduced to us by a trusted professional introducer who valued our expertise in handling complex, high-net-worth cases.
Our first step was to conduct an in-depth analysis of the client’s financial background. By understanding how their wealth had been generated and assessing the strength of their assets, we constructed a compelling narrative that highlighted their financial stability, despite the absence of current income. This strategic insight was crucial in presenting the case to lenders in a way that underscored the client’s long-term financial strength.
A Strategic Solution
With our deep understanding of the client’s financial profile, we approached a lender, who allowed us to monetise the client’s assets to balance their strong asset position against their temporary lack of drawn income. This nuanced approach instilled confidence in the lenders, resulting in multiple offers. Ultimately, allowing us to secure a £2.2m mortgage on highly favourable terms—without the client needing to pledge additional assets.
The deal was financed at a competitive rate on a five-year tracker over the Bank of England base rate, enabling the client to proceed with the purchase of their £3.4m family home. This outcome highlights the value of detailed financial analysis and a bespoke approach to navigating complex cases.
Managing Expectations
What truly set this case apart was our ability to manage expectations on both sides. By maintaining clear, open communication between the client and the lender, we ensured that both parties felt confident throughout the process. Our strategic handling of the case not only ensured a successful mortgage arrangement but also resulted in a smooth transaction that exceeded expectations for all involved.
Your Financial Journey
If you’re facing similar challenges, our experienced team of specialist advisers is here to help. Whether you’re an entrepreneur, business owner, or navigating complex finances, we provide tailored solutions to meet your unique needs. Contact us today to explore how we can help you achieve your property goals.
This is a case study and not indicative of typical results. Past performance is not necessarily representative of future results. This information is for general purposes only and does not constitute financial advice. Please seek professional advice before making any financial decisions.
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. Please also note: The Financial Conduct Authority does not regulate most forms of buy to let mortgage.
