New Home Purchase

Acquisition for complex income stream client

Loan Amount

£1.2 million





asset class

Freehold residential property

The client approached Sirius with a 12 week completion deadline for the purchase of a £1.85 new home for which they were seeking a mortgage of minimum £1m. Their complex and varied income stream meant an absence of three years of accounts leading them to be turned away from the highstreet banks. The clients income also came in larger sums intermittently thus the preference was for an income only mortgage. Sirius was able to source a private bank with more scope to take a flexible view. Sirius utilised one year of accounts and a second year of proposed income from the client's accountant to successfully secure a product providing 65% LTV with a loan of £1.2m, exceeding the borrowers expectations.


Neil Chambers Neil Chambers Senior Associate, Residential & Investment Finance contact details 0208 092 4414
07970 756 588  
Neil brings to the team an extensive knowledge base gained over 20 years in the financial services and mortgage industry. His career began in 1999 with NatWest Mortgage Services, moving on to work with Savills for almost 10 years as a senior broker before laying down roots with the Brightstar Group in 2015 and ultimately settling with Sirius in 2017. He is skilled at arranging a multitude of property finance, but his expertise lie in BTL Portofilos, Ltd Company Incorporations, High Net Worth Residential, Bridging and Commercial finance. Notable transactions include the buy out finance of 42 apartments at Brighton Marina and the refinance of a property portfolio compiled of 110 property assets.

Over the years Neil has earned Planning Certificate 1, 2, 3 and CeMAP qualifications. He also picked up the 'British Mortgage Awards - Buy to Let Broker of the Year 2006' award along the way. Due in part to his charming and patient demeanour, Neil boasts an impressive loyal client base for whom he is passionate about repeatedly helping to realise their property goals with innovative finance solutions. He believes the key to his repeat clientele lies in being adaptable to individual needs and remaining focused on delivering unrivalled service despite the pressures that can come with being on call almost 24/7.

Ever the optimist, Neil is a firm believer in the saying "Make hay while the sun shines" and is always on hand to assist his clients in seizing real estate opportunities.

To discuss an opportunity with our team please get in touch.