This commercial remortgage involved a self‑employed retailer operating a long‑established convenience store with an attached post office. The borrower had been moved onto a variable interest rate, resulting in higher monthly costs and uncertainty.
Our role was to secure a more competitive and stable lending solution while also raising £40,000 in additional funds to support residential home improvements.
Key Considerations
- The additional capital was for non‑business use, limiting main‑stream lender options
- The loan required a quick turnaround to avoid further exposure to a costly variable rate
These factors required careful lender selection and clear presentation of the client’s circumstances.
Our Approach
We sourced and structured a tailored commercial remortgage, repaying the existing loan and successfully releasing additional funds. By approaching specialist lenders and managing the application end‑to‑end, we ensured the client’s objectives were met without unnecessary delay.
Result
- £211,000 total funding arranged
- Exit from a high variable interest rate
- £40,000 released for residential home improvements
- Improved long‑term affordability and certainty
Looking to Explore Your Funding Options?
Our team can discuss potential finance solutions tailored to your circumstances.
