Unlocking £239k in hidden value with our Product Transfer Plus

A Multi-unit freehold made up of 9 self contained flats in Norfolk saw a significant uplift in value, increasing from £800,000 to £1.13 million since initial completion in 2020. This growth enabled the client to refinance their existing loan and borrow more, increasing it from £600,000 to £851,000 at 75% LTV.
Initially seeking an additional £63,000 through our PT Plus product, the client benefited from a free physical valuation report, which confirmed the enhanced rental income and property value. This increased the potential for additional borrowing by a further £176,000 (net of fees).
As the application involved additional borrowing and was submitted through a limited company structure, the only fees that were incurred were for Independent Legal Advice and Title Insurance. By having minimal fees and using our Product Transfer Plus, which offers a free physical valuation, the borrower was able to maximise their borrowing potential and expand their buy to let portfolio.
Why Keystone
Additional borrowing of up to 80% LTV
HMOs & Multi-units up to 15 occupants/units
Individuals, Trading Ltd Co, SPVs & LLPs