Property investor’s portfolio success

Our client recently bought a new property to rent out, and they were excited to renovate it. They needed £40,000 to make their vision a reality. But there was a problem: they were stuck in a high-penalty mortgage for the next two years.

To make things trickier, our client only made money from their property portfolio and land. However, luckily, they already had a tenant in place with a secure rental agreement.

Eager to improve their property without the hassles of traditional financing, our client turned to us.

Our solution:

We understood their situation and found a way to help by using a buy to let secured loan. We got a 5-year fixed-rate deal for our client, with the last 2 years free from early repayment charges. This provided them with the flexibility needed to carry out the desired improvements.

Any property used as security, which may include your home, may be repossessed if you do not keep up repayments on your mortgage.