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Bristol HMO Remortgage for Cash Release
Arranged remortgage to release equity from a successful Bristol HMO for further investment.
Key Metrics
£487,500
Loan Amount
4.4%
Interest Rate
5 weeks
Time to Complete
7
Bedrooms
75%
LTV
Bristol
Location
£487,500
Loan Amount
4.4%
Interest Rate
5 weeks
Time to Complete
7
Bedrooms
75%
LTV
Bristol
Location
The Challenge
Paul's HMO had increased significantly in value since purchase. He wanted to remortgage to release equity for purchasing additional properties.
Our Solution
We arranged a remortgage at 75% LTV, releasing £150,000 in equity while maintaining competitive rates for his next investment.
Testimonial
"The equity release gave us the deposit for two more HMOs. The remortgage process was straightforward and the new rate was even better than our original mortgage."
PR
Paul Richardson
Property Investor