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The client had received a mortgage offer via another firm; however, it was withdrawn at the last minute due COVID19 and this resulted in the client loosing their valuation fee.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