Acquisition of commercial premises within 9 weeks.Objective This client, a business owner, sought to acquire the property from which their business operated. The property, located in Scotland, comprised a grade 1 listed commercial building, including an additional...
Second charge mortgage for debt consolidation, slashing expenditure by £1,306 per month.Objective Our second charge team recently assisted this client burdened with unsecured credit resulting from a comprehensive property renovation.Obstacle The client's financial...
Retirement Interest Only (RIO) mortgage for debt consolidationObjective These clients, aged 71 and 72, were facing difficulties managing their finances in retirement, particularly with mounting debts. They needed a solution to consolidate their debts and ease their...
£300k raised in one month for retired couple looking to investObjective The introducing broker needed assistance for their retired clients, aged 68 and 65, to leverage the equity in their mortgage-free home to invest in a company, aiming to generate passive income...
£230k second charge mortgage for debt consolidation and home improvementsObjective Our introducers client was seeking a £230k second charge mortgage for debt consolidation and home improvements. They had previously taken out a second charge for home improvements, and...
Visa-limited, first time landlord builds dream property portfolio.Objective We were tasked with assisting this Nigerian national, residing in the UK with limited time remaining on their visa, to fulfil their aspiration of becoming a first-time landlord by acquiring a...
Acquisition of residential UK property for British Expat residing in Nigeria.Objective Client is a British Expat, living and working overseas in Nigeria, wanting to purchase a residential home in the UK for when they return throughout the year.Obstacle Navigating...
Listed building holiday letObjective & outcome This client was entering the holiday let market for the first time and was seeking cover for their Grade II listed building, including fixtures and features, prior to completing on the purchase. Solstar identified...
Hospitality premises covering light refurbObjective & outcome This client was purchasing a pub/restaurant which was undergoing light refurbishment before the grand opening. Solstar sourced the perfect insurance solution which covered the premises whilst it was...
Two commercial warehouse unitsNoting the lenders interestObjective As a result of buying out their business partner, this client needed to remortgage their two commercial warehouses. The existing insurer would not note the lenders interest, therefore they needed to...
Bridging Facility arranged at 65% LTVTo prevent repossession of family home.Objective Our introducer approached us with clients who had an expired residential mortgage on an interest only basis and the lender had already begun repossession proceedings as the clients...
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