Newsletters
| Commercial Mortgages Case Study One |
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Married clients were company directors who wanted to raise funds from a remortgage of the commercial premises due to recent losses. Their existing lender at the time would not agree due to the accounting information. Alan successfully arranged a 30 year commercial mortgage on an interest only basis which enabled the company to reduce their outgoings and put the business on to a firmer financial footing. The company will be able to remortgage again in 3 years’ time when it has returned to profitability due to the financial restructure and lower interest margins will be available. |
