Our specialist unregulated Buy-To-Let Mortgages can secure properties which are deemed un-mortgageable on the high street.
At Smart Money Finance we receive a wide range of Buy-To-Let cases daily. One of our most recent cases involved a broker’s client who purchased a semi-commercial property consisting of a three-bed flat and shop below. The property was deemed un-mortgageable by the surveyor due to ongoing renovations. The client planned on converting the property into a five-bed property as a single let. The property valuation was based on a cash value so the client could continue to carry out the renovations. The brokers client borrowed £78K at 6.29% in order to complete the work for the property to become tenantable.
Before you decline your client gives us a call to see if we could help turn your next Buy-To-Let case into a successful one.