Smart Second Charge Structuring for Buy to Let Expansion

A portfolio landlord approached us looking to release capital from his existing rental properties to fund further investments. He wanted a £58,000 second charge buy to let mortgage and a straightforward, stress-free process to help expand his property portfolio. Due to the client having an existing first charge mortgage in place, we needed to obtain second charge consent from the first charge lender. Our expert team handled all communications with the lender, ensured all documentation was accurate and guided the client through the process seamlessly. To save time, we also arranged a desktop valuation.

By carefully structuring the loan using a top sliced approach based on the client’s income, we were able to secure the full amount required. The client provided documentation promptly, and our digital quote system made the process smooth and efficient. As a result, the funds were released within one month of receiving the initial enquiry, allowing him to release equity from his existing properties and move forward with the purchase of a new investment. The client was overjoyed with the level of service provided, and has already indicated plans to work with us again as he continues to grow his property portfolio.