Case Study – Residential Refinance & Bridging Exit – North of England

Despite their proven track record in property investment, the case was far from straightforward. The clients had accumulated 35 missed mortgage payments over a four-year period, along with historic CCJs and defaults that significantly restricted their lender options. Although their credit conduct had been clean for the past 12 months, many mainstream lenders were still unwilling to consider the application.

Adding to the pressure, the existing bridging loan created a strict timeline — any delays would result in mounting fees. This meant we needed not only a lender willing to look beyond historic adverse credit, but also one capable of delivering quickly and competitively.

Working with a senior buy to let and bridging specialist, and well as case manager Ashley Murphy, our team undertook a comprehensive market review, approaching more than 15 lenders that might consider an exception. We presented a detailed and compelling case that emphasised the clients’ large and well-managed property portfolio, strong and stable income position, and their clean credit conduct over the past year.

Through persistent negotiation and direct underwriting discussion, we succeeded in securing lender engagement from Halifax — a mainstream lender many would not expect to support a case with this level of previous adverse credit. The broker’s detailed presentation of the clients’ recent financial stability and their long-term success as landlords was key to gaining agreement.

If this sounds similar to your own portfolio needs and you want to discuss your investment with an expert, call us today on 08009499410. If you are in a hurry, you can also request a callback by entering your details here. 

Any property used as a security may be repossessed if you do not keep up with repayments on your mortgage.