Case Study

Key Facts:

  • Planning agreed for a knock down and rebuild of a detached 5 bed dwelling

  • Site value £800,000

  • Loan required : £1,500,000

  • Gross development value: 4,000,000

  • Current mortgage £200,000

  • Complex income structure featuring oversea currencies and over a dozen owned companies

The client approached us to see if it was feasible borrow 100% of the build cost for their project. They were previously presented with a commercial development loan by another broker as a solution and needed a more cost effective option.  

The clients owned or part owed multiple businesses across the globe and needed a lender that would be happy to consider incomes based in multiple jurisdictions.

Through our strategic relationship with a private bank , we managed to secure a self build mortgage to fund 100% of the build costs , with no penalties for our client to leave the lender at project completion.