Residential Mortgages:
Investment Mortgages:
Development:
Bridging Finance:
Purchase of Business Premises:
Purchase of Goods from Overseas:
Other Finance:
Client's Requirement
- The client wished to purchase a new home for £600,000. He had recently changed employment, and therefore had no track record to prove income. He wanted to borrow £500,000 interest only, however his bank was only prepared to lend £475,000.
Raven Mann's Solution
- A loan of £540,000.
- No proof of income required.
- An interest only facility.
- Plus stamp duty and legal fees added to the loan, thus further increasing the loan amount to £566,000.
- Plus an additional drawdown facility after 3 months, of a further £30,000.
- Total loan available £596,000
Client's Requirement
- The client required a £10 million loan, repaid on capital and interest term over 10 years.
- He had previously been quoted via another lender, a margin of 2% above bank base rate and a loan to value of 75%.Raven Mann's Solution
- A loan value of 85%
- Interest rate of bank base, plus a margin of 1.5%
- An interest only facility for 2 years, and then a 10 year capital and interest mortgage (to improve the cash flow).
- In addition to this, we are arranging a loan facility of 100% on the monthly rental invoice raised to the tenants. This total package will equate to a loan of 100% loan to value.Client's Requirement
- The client did not have the required experience for his project, but was confident of the project success.
- Most lenders would not consider granting a loan, except on very low loan to valuations.Raven Mann's Solution
- A loan of 80% of site cost, 100% of the build cost and a roll up of interest facility.
Client's Requirement
- The borrower was raising capital on his home, but the offer letter was taking time, and the need was for temporary bridging finance to pay off an overdue loan.
- Most bridging lenders require a minimum term of 3 months.Raven Mann's Solution
- We can arrange bridging finance in most instances, with no minimum loan period, no penalty for early repayment, and the lender will consider extending the loan at their discretion.
Purchase of Business Premises:
Client's Requirement
- The client required a loan of 80% loan to value, but no business accounts to show serviceability of the loan.
Raven Mann's Solution
- We were able to obtain the required loan, with no redemption penalties other than £300 in the first five years.
Purchase of Goods from Overseas:
Client's Requirement
- The client required letters of credit to puchase goods for his business. They had approached numerous finance companies, who declined the business, since the goods for purchase were for stock and were not pre-sold.
Raven Mann's Solution
- We introduced the client to a finance house who understood this type of business, and were able to provide the required necessary finance.
Client's Requirement
- We can arrange discounting of bank guarantees, various factoring, invoice discountings etc. If you can not see your required finance package on our pages, we can probably arrange it!
- We have arranged bridging finance on properties in France and Spain.
- We can arrange mortgages from £15,000 for Buy to Let properties.
- We are currently arranging the finance for a business take over of another business.
- We are arranging finance for an Indian company, whose principal debtors are in the USA.
- We can arrange finance on residential and commercial properties for foreign nationals in the UK.
- We can, under certain conditions, arrange mortgages for property development. This can alleviate the cost of arranging development finance from one lender, and then having to pay costs again to change to a mortgage lender.
- We are looking at the possibility of financing furniture, for buy to let policies.
- Should you not have sufficient monies, we have access to private capital for joint property ventures in the UK.