Case Study 1
Hallidays Independent Mortgage Consultants facilitated a purchase of an office block to allow five partners to purchase a building to re-locate their respective businesses, with the remaining space to be let out to tenants.
This would allow all the businesses to expand and increase their projected turnover.
Hallidays Independent Mortgage Consultants were able to place a Five Applicant Commercial Mortgage Facility based on a business plan prepared by Hallidays Independent Mortgage Consultants that factored in projections for the increased turnover of the respective businesses.
We were successful in locating a lender that agreed to underwrite the case on current and future projections and that allowed for part of the property to be let.
In addition an overpayment facility was granted to allow the owners to use surplus rents to reduce their mortgage balance. The commercial mortgage was arranged with no redemption penalties so to provide maximum flexibility for the client.
Halliday's method is precise and their manner is impeccable. They have proved to be trustworthy, discreet and a joy to deal with time and again.
I have no hesitation in recommending Hallidays to any future potential clients.
Neil Cousins – Managing Director, The Image Group
