This client needed to secure a short-term mortgage to purchase a holiday home in the Alps. As a UK business owner of multiple companies they had a complex profile. We successfully secure finance for them through a Private Bank for 96% LTV. The client purchased the property through an SCI with an interest only loan of €2,788,000 at a rate of 3.47% fixed over a 5 year term.
Buying off a family member doesn't always mean an easy ride!
27 Jul 2021