- Circa 6.7x loan-to-income
- No personal capital injected
- Equity-backed funding strategy
The client was seeking to purchase a new home in prime central London for under £1,000,000 and was keen to proceed without injecting their own capital into the transaction. The required borrowing equated to approximately 6.7 times the client’s employed income, exceeding the affordability criteria of most mainstream lenders.
Traditional high street options were therefore not viable. To overcome this, we structured a strategic equity release from existing of her existing buy-to-let properties. This generated sufficient funds to cover the full deposit and associated transaction costs, allowing the client to retain their personal liquidity.
For the onward residential mortgage, we worked with a lender that adopted a holistic approach to affordability. They were comfortable assessing the client’s employed income, ad hoc consultancy income and surplus rental income across the portfolio. By presenting a comprehensive financial profile and structuring the borrowing carefully, we secured the required mortgage and enabled the client to complete the purchase entirely without introducing personal capital.
Information contained in our case studies is for market and illustrative purposes only. In some cases, these may be made up of multiple cases and are for illustrative purposes only.
Some case studies are made up of enquiries that have come into the business, not all business completes, and the posting of a case study does not represent a completed piece of business.
Property values can fall as well as rise, and you may not get back the amount originally invested. Property investments can be illiquid and may take time to sell. Where borrowing is used, your property may be repossessed if you do not keep up repayments on a mortgage or other loan secured against it.
