When it comes to securing financial assistance for property investments, the process can be challenging and overwhelming for many individuals and businesses. This is especially true for those who own a portfolio of properties, as the complexity of the situation can make it difficult to find a lender willing to support their needs.

One such case is that of a Qatari national living in Dubai who approached Willow Private Finance Mortgage Brokerage in need of serious financial assistance. The client owned 23 properties in a UK-based Limited company and LLP, with a total portfolio value of £32m. Despite the strength of their portfolio, they were facing a significant challenge in finding a lender willing to support the level of debt they needed based on the low yielding but strong covenanted properties they owned.

The properties in question were located in the UK, and the yield was low, making it difficult for the client to find a bank that would support the required level of debt based on marketable rent. This is a common challenge faced by many property investors, as lenders tend to be more cautious when it comes to low yielding properties. However, for the client in question, the properties were strong covenanted properties, which meant that they had a solid income stream and were in good condition.

At Willow Private Finance, we understand that every client's financial situation is unique and requires a tailored solution. That's why our team worked tirelessly to find a solution that would meet our client's needs. We are proud to say that we were able to secure a loan of 2.99% above the Bank of England base rate (currently 3%) with a 0.5% bank arrangement fee. Additionally, we were able to secure a 20-year committed term for our client, with an interest only facility that required them to pay down the LTV to 50% within 5 years.

This was a significant win for our client, as they were able to achieve the 65% LTV they needed and raise the capital they needed to reinvest into their trading business in Dubai. Without the expertise and dedication of the team at Willow Private Finance, it is likely that our client would have struggled to find a lender willing to support their needs.

Client position

• A Qatari national living in Dubai who owned 23 properties in a UK based Limited company and LLP with an overall portfolio value of £32m.

Requirements

• To achieve 65% LTV and capital raising to reinvest into a trading business in Dubai.

The Challenge

• The UK properties consisted of low yielding but strong covenanted properties and due to the yield being low, finding a bank to support the required level of debt (based on marketable rent) was difficult.

Terms achieved by Willow Private Finance

• Secured a loan of 2.99% above BOE base rate (currently 3%)
• 0.5% bank arrangement fee.
• 20 year committed term.
• An interest only facility with a requirement to pay down LTV to 50% within 5 years.

Why Work With Willow Private FInance?

One of the key advantages of working with Willow Private Finance is that we have a deep understanding of the mortgage market and the various products and services available. We are able to navigate the complex landscape of the mortgage market and find the best solution for our clients. Additionally, we have strong relationships with a wide range of lenders, which allows us to negotiate better terms and conditions for our clients.

Another advantage of working with Willow Private Finance is that we are committed to providing a high level of customer service. We understand that the mortgage process can be stressful, and we strive to make it as smooth and stress-free as possible for our clients. Our team is available to answer any questions and provide guidance throughout the process.

At Willow Private Finance, we are dedicated to helping our clients achieve their financial goals, no matter how complex their situation may be. We understand that every client's needs are unique and require a tailored solution. That's why we take the time to understand our clients' goals and objectives and work closely with them to develop a customized solution that meets their needs.

If you are in need of mortgage brokerage services, we encourage you to reach out to us and see how we can help you succeed. Whether you are a property investor, a business owner, or an individual looking to purchase a property, we have the expertise and experience to help you achieve your financial goals. We are committed to providing the highest level of customer service and to finding the best solution for you.