The case in brief
- Client: UK National and Resident
- Property type: Main Resident, Belgravia
- Property value: £6 million
- Loan Amount: £3,800,000
- LTV: 63%
Articus Finance had the opportunity to assist a HNW British national and resident with a distinctive financial situation. This client, residing in the prestigious Belgravia neighbourhood, owned a main residence with a market value of £6,000,000.
As an enterprising entrepreneur, had recently launched a business 8 months ago. Securing a mortgage for a self-employed business owner can be a daunting task in itself. However, the client’s financial circumstances were further complicated by an unconventional income structure.
If you work as a self-employed individual, download our Self-Employed Guide to discover the various options available to you.
At Articus Finance, we specialise in securing tailored mortgage solutions for our clients. In this case, our objective was to evaluate the client’s assets and financial background to determine how to present their case to lenders effectively. We understand that not all clients fit into traditional lending criteria, which is why we place an effort to find creative solutions.
Visit our case studies page to explore how Articus has assisted other clients in securing tailored mortgage solutions.
Our solution
We make an effort to demonstrate to potential lenders that the client possessed other valuable assets that could be leveraged to generate income, repay the loan, or provide additional security to moderate credit risk concerns.
As a result, we were able to secure a mortgage with a 63% Loan-to-Value, aligning with the client’s desired 5-year term. Additionally, we utilised the client’s substantial main residence to qualify for a high-net-worth exemption, which proved instrumental in securing the desired mortgage amount.
Articus Finance’s approach affords our clients a high degree of flexibility and ensures that the mortgage solution is perfectly tailored to their specific needs and goals. To explore mortgage options tailored to your unique circumstances or to discuss your scenario, please get in touch with Articus Finance today.