Professional landlord looking to remortgage a multi-unit block which consisted of three self-contained flats, used as buy-to-let properties, to improve cashflow.
The client wished to repay their high street commercial lender, who was insisting on capital and repayment on the buy-to-let properties. The client also wished to release equity to consolidate various commercial loans across several properties. It was a complex portfolio and situation.
The client had a good-sized portfolio of mixed commercial, semi-commercial multi-units and standard buy-to-let properties across London and the South of England. Hawke FS understood the client’s position, income and requirements in order to improve cashflow. The multi-unit product was suitable in terms of size and value, and as such the property was successfully offered within three weeks of the case being opened, and completed in five weeks.