The applicant was looking to remortgage a flat above a café restaurant in London via SPV Limited Company. The applicant also owned the freehold interest of this semi commercial building in another limited company.
The applicant met our lending criteria and provided all necessary documents at the time of application. This allowed the case to run smoothly and was offered 65% LTV on a 5-year fixed rate.
✔ Cashback product
✔ SPV Limited companies
✔ Remortgaged within 6 months
✔ No comfort charge on freehold
Rate: 2.99% 5 year fixed
Range: Cashback product