When it comes to securing a mortgage, the process can be challenging and overwhelming, especially when there are unique circumstances involved. This was the case for one of Willow Private Finance's clients, a UK national with a Guernsey-based trading business.

This client owned a residential buy-to-let property in London worth approximately £3.5m that was owned by a French SCI (Société Civile Immobilière). The client needed to find a £2m loan to pay off the French bank, but the challenge was finding a lender who was willing to work with them due to the inability to demonstrate regular income and the ultimate beneficial owners of the SCI being over 60 years of age.

Willow Private Finance was able to secure a loan from a Kuwaiti bank to pay off the French bank, obtaining a 5-year fixed rate of 4.99% with borrowing driven by the marketable rent. They were also able to negotiate a bank arrangement fee of 1% that included the valuation and legal fees.

The team at Willow Private Finance understood the unique circumstances of their client and were able to find a solution that met their needs. We have the expertise and resources to work with clients who may have more complex financial situations, finding the right mortgage option to fit their specific requirements.

If you're in need of a mortgage and are feeling uncertain about the process, consider reaching out to the team at Willow Private Finance. We have the experience and knowledge to guide you through the process and find the right mortgage solution for you.

Client position

A UK national with a Guernsey based trading business. Income over past 3 years was in the form of

the repayment of a directors loan. Client owned a residential buy-to-let property in London worth

IRO of £3.5m.

The requirement

As the property was owned by a French SCI, the client needed to find a £2m loan to pay off the

French bank.

The challenge

Limited opportunities from lenders due to the inability to demonstrate regular income and the

ultimate beneficial owners of the SCI being 60+ years of age.

Terms achieved by Willow Private Finance

Secured a loan from a Kuwaiti bank to the French bank.

Obtained a 5-year fixed rate of 4.99% with borrowing driven by the marketable rent

Bank arrangement fee of 1% achieved to include the valuation and legal fees