We’re currently arranging funding for an offshore firm which owns properties in central London. There were a few complications attached to the deal. Firstly, many lenders, including bridging lenders do not like to lend to foreign structures, in this particular…
Currently, we have agreed a deal in Manchester, a vacant shop and uppers. We managed to secure the deal because the ‘current’ buyer had been dithering for the best part of a year. The reasons we have taken the step…
We are in interesting times. Currently, we are in a high inflationary environment, with relatively low interest rates. One way to look at interest rates is to say the rates have gone up 500% within a 2-year period. Another way…
We had an interesting couple of cases yesterday; both where time was of the essence. One case was about a property which was involved in a family dispute. The property had been transferred into a family member’s name, so that…
Recently, we were introduced to a client who requires a mortgage for a large transaction in Central London, of £6M. He has a couple of BTL properties in the background, which he accumulated by each time upgrading his residential home. …
27th June 2022 We are on the edge of completing a commercial refinance deal for a client. The property is worth about £4M; it was a complex valuation, and the valuer needed to be guided very carefully in the matter. …
15th June 2022 Some time ago we were focusing on an auction deal which came up in Harrow & Wealdstone. It was a piece of land which had planning for a commercial premises and uppers. The next door building, which…
8th June 2022 I recently met an estate agent in Bayswater, who I have known for well over a decade. He has an issue which I suspect many readers have as well. During the course of his business he has…
3rd June 2022 We have a client who wishes to purchase another BTL property. She currently has one which she is generating an income on via Air BnB. The property happens to be close to the Harry Potter studio, it…
25th May 2022 A first time buyer approached us for a mortgage. This was easy enough to place. She wanted a five year fixed. The only point of concern was the expectation of rates to be rising. So, the trick…
