Remortgage of a Commercial Portfolio
- Client
- Property investment company
- Finance type
- Commercial Mortgage
- Amount
- £3,283,200
- Lender
- Together
- Outcome
- Completed in 16 weeks
- Commission
- £98,496
- Location
- Derby
- Lead source
A property investment company ran into trouble with its incumbent bank, Lloyds, and needed to remortgage its commercial portfolio to move on. The case was complicated by a £200,000 CCJ, which narrowed the field of willing lenders considerably.
We remortgaged the portfolio with Together at £3,283,200, completed in 16 weeks, refinancing away from the existing bank despite the adverse history.
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