Our client owned a number of prime London properties on an unencumbered basis and was in receipt of an income from an off-shore trust. She wanted to raise money on two properties on a buy to let basis, to allow her to expand her portfolio, but found that most lenders were unhappy with her income and employment status.
Solution
We were able to source a lender with a Channel Islands presence who were comfortable with the client’s income and asset position and were consequently able to lend.
JLM Mortgage Services is a trading style of JLM Mortgage Brokers Ltd. which is an Appointed Representative of JLM Mortgage Network Ltd, which is authorised and regulated by the Financial Conduct Authority, Registration Numbers 953547 and 300629. Further details may be found by visiting www.fca.org.uk. Registered office: 21a Churchyard, Hitchin, Hertfordshire SG5 1HP. Registered company number 13397178. Registered in England & Wales.
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