Arc & Co. Secures £1.7M BTL Refinance for 7 Flats

Arc & Co. Secures £1.7M BTL Refinance for 7 Flats in Chertsey

Deal breakdown:

  • £1,764,000

  • 5 year fixed @ 3.99%

  • 80% LTV

This capital raise enables our client the acquisition of future development sites. 80% LTV mitigates relatively harsh valuation due to lack of up to date comparables.  This allows our client the advantage on a sale to keep the net proceeds.

For any further information, please contact:

Jeremy Robinson

Asset Finance Adviser

+44 (0) 20 3205 2199  |  m +44 (0)7976 737552

jeremy@arcandco.com

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Arc & Co. Completes £2M Residential Loan for International Client

Client: Nigerian resident domicile who works in the oil & gas industry

Requirement: Arc & Co. worked with this client on a refinancing basis and to redeem an existing loan with a lender that had moved away from the African market. The property was however, owned via a Channel Island trust.

Solution: We secured a £2M loan on £3M property at 1.75% over Libor and with an initial redemption of £250,000, with a further £250,000 to come in 6 months. This was over a 5-year period and interest only.

Contact:

Daire Dowling, Managing Director - Arc & Co. Private Finance 

T: +44 (0)20 3205 2196

E: daire@arcandco.com

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Arc & Co.'s Nikita Nigai Featured in Forbes Kazakhstan!

Why the Acquisition of London Property is Still Advantageous and Profitable

‘Currently, the UK finance market can offer a solution for almost every client. If you do not wish to pay a large lump-sum payment straight away, it is worth to think about the mortgage which is being offered nowadays at 1.5% and goes up to 75% LTV with the term from 2 to 35 years. The property, in this case, would be the only collateral. In the past year we have noticed extensive interest from Kazakhs investors, where, in most cases, clients acquired an investment - BTL properties. It should be noted, that sometimes rental income can cover your mortgage interest payments, which is another advantage/argument to use the mortgage today.’
— Nikita Nigai

For further information, please contact Nikita on:

Nikita Nigai
Asset Finance Advisor
Arc & Co. Private Finance   

T: +44 (0)20 3205 2122   
E: nikita@arcandco.com







Arc & Co. Secures Loan for Refurbishment & Ground Up Works for Bungalows in Berkshire

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Arc & Co. advised on the £220K loan for the refurbishment of a bungalow in Berkshire and the ground up development of a new bungalow adjoining to the existing.

Bridge lenders do not favour ground up works, therefore we were keen to collaborate with Think Property Finance who were on hand to help.

This deal was even more interesting as the borrower was able to JV with a land owner who was completely separate from the transaction. We were able to use their land as security.

Tom Savill

Asset Finance Adviser

t: +44 (0) 20 3205 2123

m: +44 (0) 79 8340 0318

tom@arcandco.com

30 St. George Street, Mayfair, London, W1S 2FH

www.arcandco.com

Arc & Co. Secures £600K Bridge Loan for 4-Star Boutique Hotel in Newquay

Nikita Nigai, Financial Advisor at Arc & Co.’s client needed equity release from Newquay Beach Hotel, a boutique 42 room 4-star hotel, to complete its refurbishment. Even though the client did not have any experience in the hotel business, Nikita found a solution. He was able to advise the client to obtain a £600,000 bridge loan against £2,200,000 value with a rate of 0.85% monthly for 8 months with the possibility of a 16-month extension rolled up.  

Newquay Beach Hotel

Newquay Beach Hotel

Contact: 
Nikita Nigai
Asset Finance Advisor
Arc & Co. Private Finance   

T: +44 (0)20 3205 2122   
E: nikita@arcandco.com

Arc & Co. Completes Residential Loan for Refinancing in 10 Days

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Arc & Co. advises on the £1.2M loan for the refinance of residential mortgage that had ended and lender wanted repaying. Client is a developer and had no regular income for three years. He owns a plot of land that with planning (yet to be granted) would be worth in excess of £30M.

Where

Barnet

Loan Size

£1.2M on £4.5M

Solution Provided

Two year rolled up loan with Market Harborough, allowing the clients to refinance the £1M and take out a further £200,000 for living expenses whilst the sale progresses at 5.99%.

Unique angle 

Alistair provided a non-income based residential loan over a two year period at a cheaper rate than a standard bridge. He also negotiated an extension for a further 12 months at the same rate but reduced fee if the sale of the land has not completed in two years’ time.

If you wish to learn more about your residential mortgage options, please feel free to contact Alistair.

Alistair Hargreaves
Financial Consultant
Arc & Co.
30 St George Street, London, W1S 2FH
Office: +44 (0) 203 205 2129
Mobile: +44 (0) 796 750 9318
Email: alistair@arcandco.com


Case Study: Arc & Co. secure a 80% LTV loan for 4 branded, city-centre hotels in the UK and Scotland

Client: Private Client

Requirement: A total loan of £66,280,000 for 4 branded, city-centre hotels located in the UK and Scotland

Solution:                              

Arc & Co. completed the loan for 4 branded, city-centre hotels located in the UK and Scotland. Edward Horn-Smith, Managing Director at Arc & Co., arranged the loan totalling £66,280,000. The loan consisted of both senior and junior debt; with a combined loan-to-value (LTV) of 80% and a blended margin of 3.4%. The loan is for a 5-year term and on an interest-only basis.

The availability of hotel financing has contracted over the last 2 years, but this deal demonstrates that there is still competitive financing available for good quality assets and with the right sponsor to back it.

Contact: 
Edward Horn-Smith
Managing Director - Structured Finance  

T: +44 (0)20 3205 2126
E: edward@arcandco.com

Arc & Co. Secured a Quick Turnaround Mortgage with Fixed 1.9% Rate for 5 Years

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Our clients were looking to purchase a new build detached property in Northern Ireland for £377,500.  The vendors of the property were pushing to complete within 4 weeks since they had previously sold the property, but it fell through late in the process. Despite the time crunch, we were able to secure a mortgage offer from Barclays within 2 weeks of the application being submitted, and completion occurred within 4 weeks. We secured a rate of 1.9% fixed for 5 years with Barclays for a loan size of £237,000. Clients were Directors of two companies and had just started a third.  The case was also falling short on affordability, however after submitting the accounts to the underwriter it was signed off as affordable.

Gareth Briggs was very responsive and helpful. I ended up getting a fixed deal that was lower rate than my usual bank while still having a good permitted overpayment allowance.


Gareth Briggs

Mortgage and Protection Specialist - Arc & Co.

T: +44 (0) 203 205 2122

E: gareth@arcandco.com

Arc & Co. launch Aviation Insight Series

Arc & Co. are pleased to announce the launch of their Aviation Insight series, which will see Arc & Co. team up with the leading experts in the Aviation sector to explore a multitude of topics. Aimed at HNWIs and their teams, we want to tackle the areas that are often overlooked or misunderstood.

TODAY we release 'Why cash isn't always king when it comes to private jets' which has been written in collaboration with Iain Houseman - Chief Operating Officer at Elit'Avia.

 
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To find out more, contact:

Gary Crichlow

Arc & Co. Aviation Finance

gary@arcandco.com