Loan Amount: £1,900,000

Property Value: £2,900,000

 

The Client:

Our client sought a loan to purchase her first residential property in London.

 

The Challenge:

Her earnings were not sufficient to cover her new mortgage, so her father offered to act as Guarantor. However, being an overseas resident with an income predominantly from private equity investment, he did not meet the criteria of many traditional lenders.

 

The Solution:

We successfully structured a loan with her father acting as Guarantor, with a lender that was comfortable with the father’s residency and income streams.