Case Study
Richard Barham arranged a £200,000 second-charge term mortgage at 40% LTV, priced at 6.49% on a capital-repayment basis, allowing the client to consolidate costly debt into a far more sustainable structure.
Over £140,000 in business loans – previously charged at more than 15% in interest – were cleared, alongside a credit card and an existing second charge, reducing monthly outgoings and strengthening the business’s cash flow.
Despite complexities around the business loans and using the latest self-employed figures up to age 75, the deal completed within a month – supported by a hometrack valuation for a smooth, quick turnaround.
Subject to status. Product and criteria availability is subject to change or withdrawal at any time. For intermediaries only.
