Suresh Vagjiani

We were trying to arrange funding for a small property in London.  This was an auction property, where the tenancy was described as unknown.  This is common when it comes to repossessions, which this happened to be.  This was not…

I recently met a client who wanted to purchase a building but had a couple of late payments on their residential mortgage.  This is a big no no for most lenders.  They found something which seemed perfect for them in…

We have investors who purport to want to invest into a property.  However, when an opportunity is presented they proceed to tell us why it’s not a good investment.  The response would be a few reasons relating to the property,…

We’re dealing with a remortgage case where the managing agents are trying their best to default the leases of our clients.  There are some minor grounds to do so, but this has been exaggerated and made into a personal matter.   …

Currently, rates, especially for commercial borrowing, are around the 10% mark.  I spoke to a client only yesterday, who fixed a deal for 10.49% for 5 years.  Some may say this was not a wise move.  Clearly this client is…

We are in the midst of a deal, and the property in question has came back with a nil valuation.  A strange occurrence as a property is never worth zero.  Even if it did not exist the land would have…

With rates having increased and mortgage products following suit, it seems a normal BTL purchase now becomes unviable, unless you put down a large deposit or the yield is exceptionally high.   Could this mean the end of BTLs? At least…

We have a situation where the valuer has chosen to value a building which we are purchasing cheaply, or perhaps we are under the illusion of buying cheaply!  Does this mean we are mistaken?  After all, we are dealing with…

This week saw many mortgage products being withdrawn to be replaced by higher rates.  Only yesterday there were a couple of clients who didn’t manage to lock the rate which they had hoped to secure.  Even a small fraction of…

Recently we have had some cases whereby doing a mortgage in a limited company was either not possible given time restrictions, or slightly more on the expensive side.   Buying in a limited company is more cumbersome than buying in a…