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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 or Sirius is a trading style of Sirius Property Finance Group Limited (company number 10132820) registered in England and Wales. Our Financial Services Register number is 813945. The registered address is; The HUB, Unit 7 Lake Meadows Business Park, Woodbrook Crescent, Billericay, Essex, CM12 0EQ. Sirius Property Finance Group Limited is an Appointed Representative of Bright Star Financial Limited also trading as Brightstar Financial or Brightstar (company number 07462342) registered in England and Wales. The registered address is; The HUB, Unit 7 Lake Meadows Business Park, Woodbrook Crescent, Billericay, Essex, CM12 0EQ. Bright Star Financial Limited is authorised and regulated by the Financial Conduct Authority. Their Financial Services Register number is 712700. You can check the Financial Services Register by visiting the FCA's website www.fca.org.uk/register or by contacting the FCA on 0800 111 6768.

Sirius Property Finance

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

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