We first supported this client at the end of last year, arranging the bridging finance to acquire the property. We've now placed the HMO mortgage as the exit, securing a hybrid valuation to maximise the capital released.
That capital is already earmarked for the next purchase, which we've lined up with a bridging facility ready to draw on. Once the new property is added to the portfolio, we'll be looking to secure another HMO mortgage on hybrid terms.
A good example of what joined-up broking looks like when a portfolio is actively growing.
If you'd like to talk through your own portfolio strategy, get in touch.
