As a mortgage brokerage, Willow Private Finance prides itself on finding the best mortgage solutions for our clients, no matter their circumstances. When a client from a high-risk jurisdiction approached us with the goal of securing 90% of the costs for a prime London development site with a GDV of 28m, we knew we had a challenge on our hands.

The client, a UK resident originally from a high-risk jurisdiction, faced a number of hurdles in securing the financing they needed. The high value of the single unit asset, combined with low equity provided by the experienced developer, made it difficult to secure the necessary financing.

However, we at Willow Private Finance were determined to find a solution for our client. After an extensive search, we were able to secure 90% of the costs, representing 67% of the GDV. The terms we were able to achieve included a 1.5% bank arrangement fee, an annual interest of 8.99%, and a 24 month committed term.

Our client was thrilled with the mortgage solution we were able to secure for them, and they were able to move forward with their development project with confidence. We were proud to have been able to help our client navigate the challenges of financing a high-value asset in a high-risk jurisdiction and to secure the financing they needed to make their project a success.

At Willow Private Finance, we are committed to finding the best mortgage solutions for our clients, no matter their circumstances. If you are in need of financing for your next project, we encourage you to reach out to us and see how we can help.

Client position



• A UK resident, originally from a high-risk jurisdiction.

Requirements

• To achieve 90% of costs against a prime London development site, with a GDV of 28m.

The Challenge

• High value single unit asset, with low equity provided by experienced developer.

Terms achieved by Willow Private Finance

• Secured 90% of costs, which represented 67% of GDV.
• 1.5% bank arrangement fee.
• Annual interest of 8.99%.
• 24 month committed term.