Introduction:
In the world of mortgage brokering, there are instances where clients can struggle to find the right broker or lender due to the complex nature of their situation, leaving them in need of a trusted adviser who can deliver the right financial solutions. This case study focuses on an overseas client wanting to raise capital to develop her property portfolio further – not a traditional, vanilla case of lending. The client’s accountant, recognising the importance of expert guidance, referred the deal to our team, knowing that we have a proven track record of success in similar cases.
Case Profile:
Our client, a successful self-employed UK national residing in Dubai, faced a tricky predicament. Seeking to remortgage her luxury French villa, valued at 4.5 million euros and serving as a high-end holiday let, she aimed to repay her existing mortgage and raise £1.6 million to grow her investment property portfolio. Despite a disappointing experience with another broker, the client turned to our services for a tailored solution that would meet her specific requirements. This case profile outlines how we successfully provided the expertise and support needed to achieve her financial goals.
Solution:
We immediately took action upon receiving the client’s profile and understanding her specific requirements to refinance a high value luxury property in the south of France. Our team prepared a comprehensive proposal highlighting the client’s financial situation, investment plans, and property. We then facilitated a call between the client, a private banker who we had a longstanding relationship with, and all relevant parties involved, providing additional context and addressing any questions.
After thorough discussions, it was agreed to present the case to the lender’s Credit Committee for approval. Our strong relationship with the lendermeant we were able to speed up the submission process, resulting in the mortgage receiving initial approval within 48 hours. This marked a significant milestone in the client’s journey towards achieving her financial objectives.
Our client was delighted with the speed and efficiency with which we secured her mortgage solution. The interest-only basis of the loan, along with the property in France serving as collateral, provided the flexibility she sought for her property portfolio development plans.
The client expressed her gratitude and satisfaction, highlighting her excitement for the long-term partnership established with the lender and largemortgageloans.com. This case resolved her immediate financing needs and laid the foundation for future collaborations to further support her financial goals.
If you are facing challenges with your mortgage requirements or have experienced setbacks in your search for the right financing solution, we are here to help. Contact us today to discuss your needs, and let us guide you towards a successful outcome.
