{"id":13506,"date":"2022-12-20T11:22:16","date_gmt":"2022-12-20T03:22:16","guid":{"rendered":"https:\/\/www.dev.articusfinance.com\/uncategorized-ae\/large-portfolio-refinance-for-british-resident-at-75-loan-to-value"},"modified":"2023-09-04T23:37:56","modified_gmt":"2023-09-04T15:37:56","slug":"large-portfolio-refinance-for-british-resident-at-75-loan-to-value","status":"publish","type":"post","link":"https:\/\/www.articusfinance.com\/ae\/case-studies\/large-portfolio-refinance-for-british-resident-at-75-loan-to-value","title":{"rendered":"Large portfolio refinance for British resident at 75% loan to value"},"content":{"rendered":"<p style=\"font-size: 16px;\"><span style=\"color: #134f5c; font-family: Helvetica, Arial, sans-serif;\"><strong>The case in brief<\/strong><\/span><\/p>\n<ul style=\"line-height: 1.75;\">\n<li>Client: UK National &amp; Resident<\/li>\n<li>Property type: Portfolio refinance<\/li>\n<li>Property value: \u00a3 30 million<\/li>\n<li>Loan Amount: \u00a322.5million<\/li>\n<li>LTV: 77%<\/li>\n<\/ul>\n<p style=\"text-align: justify; font-size: 13px;\"><span style=\"font-family: Verdana, Geneva, sans-serif;\">The demand for buy-to-let properties remains high for our <a href=\"https:\/\/www.articusfinance.com\/ae\/high-net-worth-mortgages\" rel=\"noopener\"><span style=\"text-decoration: underline; color: #134f5c;\">HNW clients<\/span><\/a>. The number one driver for this demand is the long-term security property gives. With rental income and capital growth, <a href=\"https:\/\/www.articusfinance.com\/ae\/buy-to-let-mortgages-in-the-uk\" rel=\"noopener\"><span style=\"text-decoration: underline; color: #134f5c;\">buy-to-let properties<\/span><\/a> are an asset class in their own league.<\/span><\/p>\n<p style=\"text-align: justify; font-size: 13px;\"><span style=\"font-family: Verdana, Geneva, sans-serif;\">In this case, Articus was approached by an HNW client with a large London portfolio compromised of 15+ properties, all owned in different structures \u2013 personal name, limited company and partnerships. He was looking to refinance on better terms, consolidate the debts with one lender and release equity to buy another high-valued property. <span style=\"color: #134f5c;\"><a style=\"font-weight: normal; text-decoration: underline; color: #134f5c;\" href=\"https:\/\/www.articusfinance.com\/ae\/guides\/high-net-worth-mortgage-guide\" target=\"_blank\" rel=\"noopener\">Download our High Net Worth Guide<\/a><\/span> for more details on how to navigate the complicated world of high-value debt.<\/span><\/p>\n<p><!--more--><\/p>\n<p style=\"font-size: 16px;\"><span style=\"color: #000000; font-family: Helvetica, Arial, sans-serif;\"><strong>Our client<\/strong><\/span><\/p>\n<p style=\"text-align: justify; font-size: 13px;\"><span style=\"font-family: Verdana, Geneva, sans-serif;\">The client was a successful British property investor with a high personal net worth. They were struggling to remortgage their <a href=\"https:\/\/www.articusfinance.com\/ae\/portfolio-landlord-mortgages\" target=\"_blank\" rel=\"noopener\"><span style=\"text-decoration: underline; color: #45818e;\">portfolio of high-valued properties<\/span><\/a> in London.<\/span><\/p>\n<p style=\"text-align: justify; font-size: 13px;\"><span style=\"font-family: Verdana, Geneva, sans-serif;\">The first caveat was the ownership structures all varied, the second was that the client was looking for 75% loan to value (most lenders, at this value, will provide a maximum 65% LTV) and the final caveat was that the client\u2019s only income was derived from the rental income \u2013 lenders prefer surplus income from another source.<\/span><\/p>\n<p style=\"text-align: justify; font-size: 13px;\"><span style=\"font-family: Verdana, Geneva, sans-serif;\">The client was also insistent on only one lender providing the loan, which complicated matters further.<\/span><\/p>\n<p style=\"font-size: 16px;\"><span style=\"font-family: Helvetica, Arial, sans-serif; color: #134f5c;\"><strong style=\"background-color: transparent;\">Our solution<\/strong><\/span><\/p>\n<p style=\"text-align: justify; font-size: 13px;\"><span style=\"font-family: Verdana, Geneva, sans-serif;\">Finding a lender that would offer more than 65% LTV proved a tough task. However, we approached a private bank with which we have a long-standing relationship. The lender in question usually has a maximum loan-to-value of 70%; however, we managed to negotiate this up to 75%.<\/span><\/p>\n<p style=\"text-align: justify; font-size: 13px;\"><span style=\"font-family: Verdana, Geneva, sans-serif;\">The lender was happy with the various ownership structures and consolidated the debt all into one loan.<\/span><\/p>\n<p style=\"text-align: justify; font-size: 13px;\"><span style=\"font-family: Verdana, Geneva, sans-serif;\">This was an excellent result for the client and a clear example of the benefit of working with a broker to navigate and negotiate the complicated world of <a href=\"https:\/\/www.articusfinance.com\/ae\/private-bank-mortgages\" target=\"_blank\" rel=\"noopener\"><span style=\"text-decoration: underline; color: #45818e;\">private banks \/ high-value debt<\/span><\/a>. <\/span><\/p>\n<p style=\"text-align: justify; font-size: 13px;\"><span style=\"font-family: Verdana, Geneva, sans-serif;\"><span style=\"color: #45818e;\"><a style=\"text-decoration: underline; color: #45818e; font-weight: normal;\" href=\"https:\/\/www.articusfinance.com\/ae\/contact#contact-form\" rel=\"noopener\">Get in touch<\/a><\/span> with one of our team.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The case in brief Client: UK National &amp; Resident Property type: Portfolio refinance Property value: \u00a3 30 million Loan Amount: \u00a322.5million LTV: 77% The demand for buy-to-let properties remains high for our HNW clients. The number one driver for this demand is the long-term security property gives. With rental income and capital growth, buy-to-let properties [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":13507,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","footnotes":""},"categories":[62],"tags":[],"class_list":["post-13506","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-case-studies"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.articusfinance.com\/ae\/wp-json\/wp\/v2\/posts\/13506","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.articusfinance.com\/ae\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.articusfinance.com\/ae\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.articusfinance.com\/ae\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.articusfinance.com\/ae\/wp-json\/wp\/v2\/comments?post=13506"}],"version-history":[{"count":0,"href":"https:\/\/www.articusfinance.com\/ae\/wp-json\/wp\/v2\/posts\/13506\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.articusfinance.com\/ae\/wp-json\/wp\/v2\/media\/13507"}],"wp:attachment":[{"href":"https:\/\/www.articusfinance.com\/ae\/wp-json\/wp\/v2\/media?parent=13506"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.articusfinance.com\/ae\/wp-json\/wp\/v2\/categories?post=13506"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.articusfinance.com\/ae\/wp-json\/wp\/v2\/tags?post=13506"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}