Residential

New Home
Purchase

Tax exempt income

Loan Amount

£800,000

structure

Standard

asset class

Freehold residential property

The client required £800,000 to purchase a new home, but had difficulty obtaining a mortgage due to the annual income source being a betting syndicate. They produced tax records that showed this income to be consistent over a 10-year period, but because proceeds from gambling is tax exempt, the income was not acceptable for most banks. At Sirius, we were able to leverage our strong relationships with lenders and find a lender willing to understand the nature of the client’s income and offer a suitable product to fund the purchase of the property.

Advisor

RICHARD STOCK
SENIOR ASSOCIATE

0208 092 4413
07702 806 755
richard.stock@siriusfinance.co.uk

Richard Stock Richard Stock Senior Associate, Residential & Investment Finance contact details 0208 092 4413
07702 806 755
richard.stock@siriusfinance.co.uk   Ut auctor augue at nunc varius, sollicitudin ullamcorper justo varius. Vestibulum ante ipsum primis in faucibus orci luctus et ultrices posuere cubilia curae; Aenean lorem turpis, convallis eu condimentum eu, semper a massa. Maecenas ac eros fringilla, sodales enim et, sollicitudin tellus. Sed semper a tellus vitae tincidunt. Mauris luctus ex feugiat interdum malesuada. Vestibulum id ex et massa vehicula suscipit. Donec venenatis, dui sit amet mollis congue, elit mi blandit urna, quis tincidunt augue neque eget felis.

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

Contact

Sirius Property Finance Group Ltd | Registered in England and Wales No. 10132820
Registered Address: 7 Woodbrook Crescent, Billericay, England, CM12 0EQ
Sirius Property Finance Group Ltd is an Appointed Representative of Bright Star Financial Ltd which is Authorised and regulated by the Financial Conduct Authority.
We are entered on the Financial Services Register No 813945 at https://register.fca.org.uk/.
The information contained within the website is subject to the UK regulatory regime and is therefore primarily targeted at customers in the UK
Should you have cause to complain, and you are not satisfied with our response to your complaint you may be able to refer it to the Financial Ombudsman Service, which can be contacted as follows: The Financial Ombudsman Service, Exchange Tower, London, E14 9SR
Tel: 0800 023 4567 or 0300 123 9 123 | www.financial-ombudsman.org.uk

Sirius Property Finance

T_ 020 8092 4444
E_ info@siriusfinance.co.uk

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