Homeowner Loan To Fund Investment Property Purchase Case Study

The request

Initially the client wanted to do arrange the finance in her sole name, however during the course of the Fact Find, it was found that their main mortgage was in joint names so we worked diligently to obtain the required details from her husband.

We also had to meet additional lender requirements to satisfy the affordability criteria, as well as arranging for legal advice based on Land Registry regulations.

As our clients would need a follow-on mortgage for the new build apartment, due to the future completion date being in Quarter 1 of 2026, we also had to establish that there were lenders with extendable Offer expiry dates to meet this future need.

We were able to do this to give the clients confidence to proceed in the first instance.