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BRIGHTSTAR SAVES SEMI-COMMERCIAL PROPERTY PURCHASE

Objective

Our introducers’ client was looking to purchase a semi-commercial property as an investment prior to lockdown, they required a £434,718 mortgage at 70% LTV.

Obstacle

The client had received a mortgage offer via another firm; however, it was withdrawn at the last minute due COVID19 and this resulted in the client loosing their valuation fee.

Outcome

Brightstar were able to arrange a commercial mortgage with Shawbrook Bank at 70% LTV on a 5 year fixed of 6.04%. Our introducer and their client were extremally happy as they both believed that the client had lost the property when the original offer was pulled.

Our introducer received £3,830 for referring their client to Brightstar to manage the case from enquiry to completion, including the required advice process.

 

FOR INTERMEDIARIES ONLY AND NOT INTENDED FOR THE GENERAL PUBLIC

#madeeasy