New Home

Tax exempt income

Loan Amount




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.


Richard Stock Richard Stock Senior Associate, Residential & Investment Finance contact details 0208 092 4413
07702 806 755  
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To discuss an opportunity with our team please get in touch.