Executive Mortgages

Case studies

Recently completed deals

 

There is no such thing as ‘typical’ with our mortgages. Here are a couple of our recently completed deals.

 

Case study 1

Profile

Director and shareholder of a fund administration company with total remuneration in excess of £200,000.

Need

Immediate requirement for a flexible solution whereby the client could release funds from an existing unencumbered property to purchase a new prime residence.

Solution

A five year interest only mortgage was provided on the new property together with a 12-month bridging facility to be repaid from dividend income and the sale of the former home.

Benefit

Client was able to secure the purchase of a rarely available property.

Case study 2

Profile

Former finance executive with a current income in excess of £100,000 from business and commercial premises let out to grade A tenants on a long lease

Need

Immediate requirement for a flexible solution whereby the client could refinance the prime residence and release additional funds to finance the building of the new property for retirement.

Solution

A three-year interest only mortgage was provided on the current property. Interest serviced from commercial rental income and, once the new home is built, repayment from the sale of the current property.

Benefit

The client was able to use their existing assets to obtain suitable funding to build a new home for retirement.

Please note, each solution is assessed on a case-by-case basis and there is no guarantee that any solution outlined above can be recreated.

 
Your home may be reposessed if you do not keep up payments on your mortgage.