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In partnership with her ex-husband and brother-in-law, our client owned a semi-commercial property comprising of 10 flats above a commercial shop. The flats were let out and the shop was vacant at the time of the enquiry. Our client was looking to re-finance the property, buying out the 2 other owners.
The letting agent hadn’t been paying the clients the full rental income, and, as a result the 2 other partners went into receivership. The case had been declined by 2 lenders by the time Brightstar had received the enquiry.
Brightstar sourced a lender, obtained an offer and managed the case through to completion within 5 weeks of receiving the full application.
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