CASE STUDY
We are delighted to share a recent success story that resulted in us successfully navigating a complex case to secure a £1.154m mortgage for a client facing a substantial tax liability and seeking to settle their outstanding mortgage.
The client had been embroiled in a long-standing dispute with HMRC over a tax scheme, resulting in a significant tax liability of £554,000. As traditional lenders were hesitant to release equity for tax purposes, the client faced a daunting challenge.
Recognising the client’s urgent need for a solution, a specialist financial advisor referred the case to us. Leveraging our mortgage market expertise and lender relationships, we were able to present a compelling case on behalf of the client.
“This case highlights the critical importance of expert mortgage advice,” said Jamie Roberts, Mortgage Adviser at Henry Dannell. “The client was under immense financial and emotional stress due to the HMRC investigation. By leveraging our strong relationships with lenders and a deep understanding of complex financial situations, we were able to secure a competitive mortgage rate of 4.60% and complete the process in just 10 days.”
The deal was particularly challenging due to the unusual circumstances surrounding the tax liability. However, our ability to present the case clearly and comprehensively to the lender, combined with the lender’s willingness to consider the client’s situation, enabled a swift and successful outcome.
Henry Dannell’s dedication to providing exceptional client service and our in-depth knowledge of the mortgage market were instrumental in securing this deal. This case demonstrates our ability to deliver exceptional results for clients facing even the most challenging financial circumstances.
Do you require finance to settle an outstanding tax liability?
If you find yourself in a similar position or need financial assistance for any reason, our specialist mortgage advisers can provide tailored solutions to meet your needs.
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.
