UK-based entrepreneur in obtaining an entrepreneur mortgage for a £3.5 million property in the Cotswolds. The client faced several challenges due to their complex income structure and negative credit history. Still, our team leveraged its knowledge and connections with private banks to find the right mortgage.
Client Requirements To raise 100% development finance for £1,300,000 build costs & professional fees Gross
Client Requirements To refinance a main residence Property value £5,500,000 Mortgage outstanding £3,000,000 Annual income
Client Requirements Purchase of a new family home Loan amount – £550,000 Annual contractor income
Client Requirements Land value – £600,000 Loan amount – £1,450,000 Gross Development Value £2,500,000 First
Client Requirements Purchase price – £2,500,000 Loan amount – £1,625,000 Foreign Income Complex self employed
Advias Ltd provides independent mortgage advice and is Authorised and Regulated by the Financial Conduct Authority and is entered on the Financial Services Register (https://register.fca.org.uk/s/) under reference 982478 The FCA do not regulate some forms of Business Buy to Let Mortgages and Commercial Mortgages to Limited Companies. The information contained within this website is subject on the UK regulatory regime and is therefore targeted at consumers based in the UK. Your property may be repossessed if you do not keep up repayments on your mortgage. A fee will be payable for arranging your mortgage. Your consultant will confirm the amount before you choose to proceed, but this is typically 0.25% of the mortgage balance, e.g. £2,500 for a mortgage of £1,000,000. Advias Ltd Registered Address: Unit 1 The Cam Centre, Wilbury Way, Hitchin, Hertfordshire, United Kingdom, SG4 0TW Registered in England and Wales No: 13206156. We are a credit broker and not a lender. Once we have assessed your needs, we will recommend a lender(s) that provides suitable products to meet your personal circumstances and requirements, though you are not obliged to take our advice or recommendation. Whichever lender we introduce you to, we will typically receive commission from them after completion of the transaction. The amount of commission we receive will normally be a fixed percentage of the amount you borrow from the lender. Commission paid to us may vary in amount depending on the lender and product. The lenders we work with pay commission at different rates. However, the amount of commission that we receive from a lender does not have an effect on the amount that you pay to that lender under your credit agreement.
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