Arc & Co. structures £7.25M loan for high value trophy asset in Prime Central London.
Loan Amount: £7.25M
Property Value: £14M
Rate: 4% fixed interest rate with 3-year rolled up interest
Due to the client having variable income, the loan amount could not be determined by a conventional income multiple. A business plan was drawn up showing the client’s future growth for his business combined with the current retained earnings, allowing us to get to the loan amount desired.
If you wish to learn more about your residential mortgage options, please feel free to contact our Residential Mortgage team.
Arc & Co.
30 St George Street, London, W1S 2FH
Office: +44 (0) 203 205 2129