Residential Mortgage

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.