The case in brief
- Client: HNW British National living in the UK
- Property type: Countryside house
- Property value: £1.7 m
- New Loan 60% LTV
- Loan Amount: £1,020,00
Our Client
Articus Finance recently had the privilege to assist a High Net Worth (HNW) British National residing in the UK countryside house valued at £1.7 million. The property held sentimental value and served as a serene retreat for the family.
Download our High Net Worth (HNW) guide for further insights.
The client’s current mortgage stood at £300.000, representing a relatively small portion of the property’s value. The client decided to explore opportunities for refinancing the property. This decision was rooted in his aspiration to support a new venture – investing in undervalued commercial premises’. To achieve this goal, he required a significant capital raise.
Articus Finance took a holistic approach to understanding the client’s needs, financial aspirations, and emotional attachment to the countryside property. Given the client’s financial standing and the investment objective, Articus Finance was able to devise a tailored solution that aligned with the client’s goals.
Our Solution
By collaborating with a reputable private bank experienced in handling remortgages for investment purposes, Articus Finance successfully secured a 60% Loan-to-Value (LTV) ratio mortgage solution with a loan amount of £1,020,000. This approach enabled the client to refinance the original mortgage and release £ 720,000 in capital. This capital injection was precisely what the client needed to support the purchase of the commercial property.
Exploring opportunities in commercial property investment? Visit our commercial finance page to gain valuable information, or get in touch with one of our qualified brokers today.
Conclusion
Articus Finance is dedicated to creating tailored financial solutions that address our clients’ unique circumstances and aspirations. In this case, we successfully facilitated the realization of a significant life goal – establishing a yoga studio through a thoughtfully managed remortgage strategy.
If you’re seeking a financial partner who truly understands your objectives and can help you achieve them, we invite you to connect with Articus Finance. We’re here to help you uncover the perfect solution for your needs.