Residential Mortgages:

Client's Requirement

- The client had a very severe adverse credit history. In addition, he was under financial pressure from other creditors and although business had now improved, he was unable to prove sufficient earnings to justify the required borrowings.

Raven Mann's Solution

-Through our contacts we arranged an interest only mortgage without proof of income and raised sufficient capital to re-finance his existing loans at a fixed interest rate of 4.35% for three years.

Client's Requirement

- The client owned a home worth £4.5 million. He required £2.5 million to consolidate existing loans, however he was unable to show that his earnings were sufficient to service such a loan, he was aged 62 and most lenders would decline this sort of business particularly due to age.

Raven Mann's Solution

-A three year interest only loan of £2.5 million at an interest rate of 0.80% above bank base rate.

The borrower intends to sell his home thereafter to repay the loan.

Client's Requirement

- The client required a mortgage of £1.8 million ideally with no redemption penalties. He could not prove his income to service the mortgage.

Raven Mann's Solution

-Through all our contacts we arranged a mortgage of £1.8 million on an interest only basis with a free valuation, no admin fees and no exit fees.

Investment Mortgages:

Client's Requirement

- The borrower was Irish and owned a significant portfolio of properties in the Republic of Ireland. He wished to establish himself in the UK and required 85% loan to value buy to let mortgages, however, due to the rent received this was not possible which is quite common today on buy to let properties due to the rent being too low to cover the interest payment.

Raven Mann's Solution

- We lent the borrower 100% of the purchase price on the UK properties with a charge on his properties in Ireland.

Owner Occupied:

Client's Requirement

- The borrower traded as a restaurant/wine bar business. Due to the fact that the various locations were leasehold properties, his bank imposed severe restrictions on his borrowings which meant that when new leasehold properties were available to him, the negociations with his bank took months and consequently he lost the properties. Consequently, he was hampered by the banks`s lethargy which was holding him back from increasing the size of his business.

Raven Mann's Solution

- We introduced the client to Raven Mann & Co`s bank whom immediately saw the business potential. They took over full banking with very significant savings both in ongoing arrangement fees, interest rates and charges for each cheque cleared. The bank was happy to lend against the borrower`s leasehold properties and at the same time granted him a facility of £750,000 to draw down as he wished.

Development:

Client's Requirement

- The borrower required finance to build a property but lacked funds and had no accounts.

Raven Mann's Solution

- Since this was a single dwelling, we were able to arrange 95% of all costs at an interest rate of 1.8% above bank base with no redemption fees.

Client's Requirement

- The client wished to purchase a property for £5 million which was originally residential and had been converted into offices. His plan was to purchase the property and apply for planning for change of use. The initial problem was that the property was registered for VAT. This meant that on a purchase of £5 million, not only would he require a loan but in addition a further £875,000.

Raven Mann's Solution

- We introduced the borrower to a lender who lent him £3.9 million towards the purchase plus £875,000 for the VAT and rolled up the interest for three months. This equated to a loan of 92%. Some months later the borrower obtained the planning but had miscalculated his figures which meant that in addition to the required funds to repay the first lender and the development finance he was £500,000 short. We were able to arrange all of the money required plus the £500,000 required using mezzanine finance.

Client's Requirement

- The client approached us with a request for 100% development finance and was prepared to pay up to 50% of his profit which is the norm for such enquiries.

Raven Mann's Solution

- We arranged the bulk of the finance with a primary lender who charged 2% above bank base rate and no requirement for a profit share. The shortfall was made up using Mezzanine finance with a specialist lender who only charged on the monies borrowed and not a share of the profit from the sales. This resulted in the borrower receiving 100% of all costs and retaining 85% of the profit.

Bridging Finance:

Client's Requirement

- The borrower had a loan in excess of £4.8 milion which needed to be repaid to his bank immediately. He requested bridging finance since he was already used to paying 9% above bank base rate.

Raven Mann's Solution

- We introduced the borrower to a third party who due to their experience and contacts with certain banks, they were able to arrange not only the £4.8 milion requirement but also a roll up of interest for 12 months at 2% above three month LIBOR on an interest only basis.

- We were able to arrange Bridging Finance of 95% of the purchase price. This was secured on property and other tangible assets.

Purchase of Goods from Overseas:

Client's Requirement

- The client required letters of credit to purchase 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.

Trade Finance:

Client's Requirement

- The client had a contract with a very well known building company to supply them with insulating panels. His problem was that he lacked the funds to purchase the raw materials to make the goods.

Raven Mann's Solution

- We introduced the client to a finance house who gave an undertaking to the supplier to pay them for their materials which were accepted thus enabling the client to make the panels which in turn were delivered to his customer.

Result: Very happy people!

Other Finance:

Client's Requirement

- We can arrange discounting of bank guarantees, various factoring, invoice discounting etc. If you can not see your required finance package on our pages, we can probably arrange it!

- 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.

- Should you not have sufficient money, we have access to private capital for joint property ventures in the UK.