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 legitimate records that showed this income to be consistent over a 10-year period, but because it was untaxed, the income was not sufficient for most banks. At Sirius, we were able to leverage our strong relationships with lenders and find a lender willing to overlook the source of the client’s income and offer a suitable product to fund the purchase of the property.

Advisor

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

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