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Nottingham HMO Product Transfer Success
Secured favorable product transfer for a Nottingham HMO investor avoiding early repayment charges.
Key Metrics
£266,000
Loan Amount
4.3%
Interest Rate
2 weeks
Time to Complete
6
Bedrooms
70%
LTV
Nottingham
Location
£266,000
Loan Amount
4.3%
Interest Rate
2 weeks
Time to Complete
6
Bedrooms
70%
LTV
Nottingham
Location
The Challenge
Lisa's fixed rate was ending but she faced early repayment charges if she remortgaged externally. She needed a competitive product transfer with her existing lender.
Our Solution
We negotiated directly with her existing lender to secure a competitive product transfer rate, avoiding ERCs while still achieving significant monthly savings.
Testimonial
"The product transfer was much simpler than a full remortgage and we still achieved excellent rates. No ERCs and minimal paperwork made it very straightforward."
LT
Lisa Thompson
HMO Investor