Free Consultation. Free Finance Assessment. No Obligation.
At Willow Private Finance, there is no charge to speak to one of our specialist advisors and no charge for us to assess your requirements and identify suitable finance solutions.
We'll take the time to understand your circumstances, review your objectives and explore the options available to you before you decide whether you want to proceed.
Should you wish to move forward with a recommended solution, any applicable fees will be clearly explained and agreed in advance, ensuring complete transparency from the outset.
Once instructed, we'll manage the process from application through to completion, liaising with lenders, solicitors, valuers and other professionals involved in the transaction to help secure the funding you require.
How Willow Private Finance Helped First-Time BTL Investors Fund a Property Purchase and Refurbishment
Talk To A Specialist Speak To Us On WhatsAppEmpowering First-Time Buy-to-Let Investors with Funding and Support: The Willow Private Finance Success Story
Investing in property can be a lucrative way to build wealth, but for many first-time investors, finding the funds to purchase and refurbish a property can be a significant challenge. That was the case for Rob Holmes, one of our experienced Mortgage and Protection advisors', who had a client with £30k cash available but needed to purchase a property for around £55k with £30k in refurbishment costs and an end value of £160k. The clients did not have enough cash to carry out both the purchase and the refurbishment, but thanks to Rob's expertise, they were able to find a solution.
Rob Holmes is a specialist mortgage broker who has years of experience in helping clients find funding for their property investments. In this case, he used a cross-collateral bridge and the client's parents' unencumbered property next door to secure the necessary funds. By using one bridge over both properties, the clients were able to secure 100% of the purchase price for the property and 100% of the cash needed for the works.
The solution that Rob Holmes provided was not only innovative but also effective. On refinance, the clients were able to achieve 75% LTV of the new value, leaving none of their own money in the BTL. This meant that they were able to purchase and refurbish the property without using their own money, and they achieved a 75% LTV on refinance, which is an excellent result.
The benefits of working with a specialist mortgage broker like Rob Holmes cannot be overstated. In this case, Rob's expertise in the property market allowed him to come up with a unique and effective solution that met his clients' needs. Additionally, working with a mortgage broker can save investors time and money in the long run. Rob was able to find the best rates and terms for his clients, which saved them money on interest and other fees.
Furthermore, the success of this investment has the potential to be a springboard for future investments. By partnering with an expert team first-time investors can gain confidence in the property market and build their portfolios over time.
Rob Holmes' ability to find a solution for his clients' unique funding challenge is a testament to his expertise in the property market. By using a cross-collateral bridge and the client's parents' unencumbered property, Rob was able to secure 100% of the funds needed for a property purchase and refurbishment. This success shows the value of working with a specialist mortgage broker and highlights the potential benefits of investing in property for the long term.
