Case Study 2

Mr K and Mr M are two experienced property landlords. They continually purchase and sell properties in the Buy to Let markets. Hallidays Independent Mortgage Consultants advised and arranged a pre-agreed facility to be placed on their portfolio which allows them to draw from this facility at any time. This allows them to have a deposit fund available quickly – but where they only pay for these funds when the funds are drawn. In addition, the facility has no redemption penalties at all, thus allowing maximum flexibility when disposing of a property.

The contract also enjoys full flexibility and offsetting features, so that surplus rents can be used to reduce their mortgage term and balances, thus saving the interest they would normally have to pay.

I have known John King and David Bishop professionally and personally for 14 years.  John King and David Bishop have consistently provided First Class Service to the clients of my firm and I would not hesitate to recommend the unrivalled expertise and knowledge which they and Hallidays Independent Mortgage Consultants provide to our clients.

Mr R L Hirst – Partner, Minahan Hirst & Co Solicitors