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Refinance of 3 Buy to Let properties to release equity.

Deal Structure
  • 75% LTV
  • Interest Rate 1.99% fixed for 2 years
  • 2.5% Arrangement Fee
  • £525k loan amount
Deal Summary

Our professional landlord client had built up a large property portfolio up over the years. He was looking to invest in further property projects but needed to generate some cash in order to get the projects off the ground. He therefore asked us to look at refinancing 3 of his unencumbered Buy to Let properties which had a combined value of £700k

With his experience in the sector, a lowly geared portfolio and clean credit history we were able to source some very competitive deals.

Our client opted to take the product that had the cheapest interest rate whilst also offering a high Loan to Value in order for him to raise £525k with interest payments of just £829 per month

Simon Parkinson

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Simon Parkinson

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Positive Commercial Finance is a trading name of Business Financial Solutions Limited. Registered in England & Wales 06451075. Registered office address Bedford House, 60 Chorley New Road, Bolton, BL1 4DA . Authorised and regulated by the Financial Conduct Authority (716012). Full members of the NACFB and FIBA. ICO registration reference Z1196910.

We are a credit broker, not a lender. We work with a panel of lenders who may pay us a commission. This amount varies between lenders.

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