Short Lease Flat - 81 years
A remortgage of a flat in a low demand area for a client
Most brokers would have walked away from this deal... We didn't.
Our client had just 35 days to negotiate a lease extension on a property worth £80,000 with a short lease. Once extended, the property's value increased to around £120,000.
The challenge? Funding the purchase and the lease extension.
The solution? We structured a specialist bridge-to-let transaction with a lender that funded the purchase and included £10,000 for the lease extension as part of the deal.
Once the lease was extended, we refinanced onto a long-term buy-to-let mortgage, allowing our client to benefit from the increased property value and secure a sustainable long-term finance solution.
This is what specialist mortgage broking looks like.
At Always Wright Mortgages, we don't just arrange finance—we structure solutions that unlock opportunities others miss.
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