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Cardiff Buy-to-Let Refinance

Loan Type: Buy-to-Let Refinance

Loan Amount: £240,000

Lender: Fleet Mortgages

Location: Cardiff

One of our network partners VAST Commercial Finance have recently completed on a buy-to-let refinance deal!

The clients in this deal were experienced property investors, looking to refinance a multi-unit freehold property in Cardiff, In order to raise additional funds to invest in their portfolio.

The estimated value of the property was £375,000, and it was being rented for £22k pa to third party tenants.

The deal was taken to a selection of lenders but ended up being placed with Fleet Mortgages as they gave the clients access to the maximum funding possible.

Other lenders did offer a cheaper monthly rate, but were ruled out on overall costs for the 5 year fixed period as they were charging higher arrangement fees.

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