Case details:
- Chinese national and resident
- Apartment in central London
- 42% LTV lending
- 5 year term
- £500,000 property value
- 153 day completion
At RAW, we pride ourselves on being fast and flexible, and one way for us to provide this service is by instructing our client’s solicitor to do dual representation.
Following a full application, we were able to offer this to a client looking for a 42% LTV loan on a £500,000 property. Once the case was approved, we got in touch with their choice of solicitor, and we were happy to co-instruct them for this purchase. Our client who was Chinese born and resident was pleased we could take this approach keeping everything simple through to completion.