Project: Private Client
Broker: Richard Stock
Client Requirement: New home purchase
Loan Amount: £2.2m (Value £3m)
Structure: Standard
Asset Class: Freehold house
Rate: 2.35%
Timings: 8 weeks
Deal Narrative: The client was a HNW individual who wanted to borrow £2.2m to purchase a home valued at £3m. As is often the case with HNW individuals, the client had a complex income structure derived from multiple sources, some of which were overseas.
At Sirius, we were able to leverage our strong relationships with lenders to secure the required funds from a private bank in just 8 weeks.