Successful Buy‑to‑Let Refinance Completed for 91‑Year‑Old Landlord

Jake Thomas, our commercial manager, recently supported a 91 year old client who wanted to release equity from her buy-to-let property to gift funds to her daughter and son-in-law for their onward property purchase. The security was a semi-detached property valued at £253,000.

Key Challenges

Every case is different, and this one came with a few unique hurdles:

• Agerestricted lending: We needed to source a lender comfortable with a sole applicant aged 91.
• Thirdparty communication: With the client’s consent, all discussions were managed through her soninlaw, who knew the property well.
• Alternative ID: The client didn’t have valid identification at the time of application, so finding a lender who would accept an alternative form was essential.

Outcome

We successfully completed a BTL refinance at 60% LTV, securing a loan of £140,000.

Client Feedback

The client was delighted with the service and has already reached out about refinancing one of their holiday lets. A short message shared by the client:

Many thanks for help in this application. It had not been easy but worth it in the end! I am away this week but I would like to discuss another loan.