A recent case involves arranging a high LTV mortgage for a hedge fund manager. The client was looking to purchase a second residential property in London. The property in Ealing was valued at £3.2 million and the Eaton Square property at £6.25, with the combined property value of £9.425 million.
Purchasing a property - especially one that requires a large mortgage loan - can be stressful. Negotiation, understanding terms, dealing with paperwork and the different parties involved in the process is challenging. For this reason, our role extends beyond getting you the most advantageous mortgage rate and terms. Enness is here to support you throughout all aspects of the property purchasing process; nothing is too much to ask, and no task is too small.
As well as identifying the most advantageous large mortgage rate for you, we act as your trusted partner throughout the purchasing process.
The client’s needs were met at a rate of 1.79% over a five-year fixed term. Moreover, the mortgage was interest-only.