While high street lenders may not be able to help with impaired credit, at Kent Reliance for Intermediaries this doesn’t have to be an issue for your client.
The lender individually assesses every case it receives, offering loans as high as £750k and up to 85% LTV for a range of limited company cases.
See how unsecured arrears didn’t stop two landlords from finding the answers they needed.
The case
- Application from two portfolio landlords – owned joint assets in a limited company
- Loan of around £330k required to cover a remortgage, combined with capital raising to enable further portfolio property purchases
- Clients had been investing in buy to let properties for several years and had extensive estate agency experience
- They had built a profitable business with good conduct on all existing properties
- During the underwriting process, an undisclosed credit blemish was identified in the form of a missed credit card payment due to a missing credit statement
As this proved to only be a blip on their previously clean record, Kent Reliance for Intermediaries approved the application within the deadline.
Need help with your next limited company case? Visit krfi.co.uk or call 01634 888260 today to find out more.
