Case study of the week: A £3.6m residential mortgage
A complex £3.6m residential remortgage deal completed by Adam O’Callaghan, director in our Gracechurch Street office. This client had a successful career in banking, retired in his forties and therefore had no regular income. He did have significant liquid assets (stocks and shares) but these were owned by various corporate structures, all of which […]
Bridging loan case study: Application to completion in 3 days
A client approached us as he was building a house and required further funds to make it wind and watertight and complete the project ready for sale. It was worth £600k in its current condition, and the GDV was £1m. The client had run out of money for the project and had builders on site […]
Case study of the week: A £2.28m residential mortgage
A complex £2.28m residential mortgage deal completed by Richard Smith, adviser in our Gracechurch Street office. Richard comments: “This was a complicated transaction which included a day one remortgage for a client with no income, currently based overseas and moving back to the UK. “The property was purchased in cash when the brokerage he was […]
Case study of the week: A £1.3M semi-commercial term loan
A £1.3m complex semi-commercial deal completed by Natalie Glover, bridging, development and commercial adviser at SPF. This deal was in relation to three newly converted retail units with six flats above. The property was grade II listed and was awaiting discharge of planning conditions to get it across the line. SPF adviser Natalie Glover was […]
SPF unveils international expansion plans as revenue and consultant numbers rise in 2022
SPF Private Clients (SPF) has posted a 13 per cent increase in gross revenue to £37.4 million for the year ending December 2022. While September’s mini-Budget had a negative impact on the mortgage market, debt gross revenue grew by 9 per cent, with SPF’s portfolio of products strengthening throughout the year and its insurance and […]