At JW Private Finance, we specialise in providing tailored mortgage and financial solutions to help our clients achieve their property and financial goals. Whether it’s navigating the complexities of property development, assisting first-time buyers, or overcoming unique challenges like age-related lending, we’re here to make the process as smooth and straightforward as possible.
In this blog, we share some recent success stories that highlight the value we deliver to our clients.
Success Story 1: A 3-in-1 Deal for a Property Developer
We recently helped one of our property developer clients raise capital for two new projects by leveraging an existing investment property. We structured a 3-in-1 deal that allowed the client to fund their developments with ease.
Deal Overview:
- Investment Property: 1st charge bridging loan of £1.6 million at 70% loan-to-value (LTV) over 12 months.
- Deal 1: Purchase price of £950,000, refurbishment costs of £350,000, with an end value of £1.8 million. The build term was 5 months, and the plan was to sell the property after completion.
- Deal 2: Purchase price of £1.15 million, refurbishment costs of £375,000, with an end value of £2.2 million. This project also had a 5-month build term, with a sale as the exit strategy.
With the capital raised from the existing investment property, we covered the deposits and stamp duty for both deals, enabling the client to move forward without delay.
Success Story 2: Helping First-Time Buyers Navigate Financial Challenges
A young couple approached JW Private Finance, eager to buy their first home but facing several financial hurdles:
- Self-employed with only one year of company accounts.
- A low credit score.
- Moving to a new location with just a 10% deposit.
Despite these challenges, we packaged their case carefully and found a lender who understood their situation. The lender accepted their one-year accounts and was confident in the couple’s ability to manage their business across the South of England.
Result: JW Private Finance secured a formal mortgage offer within just four days, giving the couple the opportunity to secure their first home.
Success Story 3: Transforming a Victorian Terrace in North London
We worked with an experienced property developer in North London who purchased a Victorian terrace property for £955,000, with plans to carry out a complete renovation, including a rear extension and loft conversion.
Deal Details:
- Purchase Price: £955,000.
- Refurbishment Costs: £500,000.
- Build Term: 9 months.
- End Value: £2.4 million.
JW Private Finance secured 75% of the purchase price and 100% of the refurbishment costs, giving the developer the financial backing needed to transform the property into a modern, high-value home in one of London’s competitive markets.
Success Story 4: Overcoming Age-Related Lending Challenges
We were approached by a 71-year-old client who was still working but found it difficult to secure a mortgage due to their age. The client needed a mortgage of £150,000 to complete the purchase of a £350,000 property.
Thanks to our relationships with specialist lenders, we secured an 18-year mortgage on a full capital and interest basis. The lender understood the client’s situation and was able to offer terms that worked for them, allowing the client to comfortably move into their new home.
Success Story 5: Property Development Success in North London
In another case, JW Private Finance helped a property developer purchase a large residential block in North London for £1.3 million. The client had been negotiating off-market and successfully secured an agreement with the seller, contingent on planning permission to convert the block into four residential flats.
Deal Details:
- Purchase Price: £1.3 million.
- Refurbishment Costs: £450,000.
- End Value: £2.65 million.
We arranged financing for both the purchase and the refurbishment, allowing the developer to proceed with confidence and create valuable residential properties in a sought-after area.
Moving Forward with Confidence: The JW Private Finance Approach
These success stories showcase the breadth of expertise at JW Private Finance. From helping property developers navigate multi-stage financial deals to securing mortgages for first-time buyers and retirees, our approach is built on understanding the individual needs of each client. What sets us apart is our ability to provide tailored solutions that take into account both immediate requirements and long-term goals.
Our extensive network of lenders and our deep understanding of the mortgage and finance landscape means that we can find options where others might see obstacles. For example, in the case of our 71-year-old client, many lenders would have hesitated due to age, but we found a way to secure favourable terms through our relationships with specialist lenders. Similarly, our work with property developers highlights our ability to structure deals that go beyond the conventional, enabling our clients to maximise the value of their investments.
At the heart of what we do is a commitment to delivering results. We believe in building strong, trusting relationships with our clients, where transparency and clear communication are paramount. Each case we handle, whether it’s a complex development project or a first-time buyer’s journey, is approached with the same level of care and expertise.
If you’re facing a financial challenge or simply looking for advice on your next steps, we’re here to help you move forward with confidence. At JW Private Finance, we make it our mission to ensure that every client receives the support they need to succeed in their property and financial endeavours.
For more information, or to discuss how we can help, feel free to get in touch:
Office: 0203 879 1754
Direct: 07882 839 273
Email: jordan@jwprivatefinance.co.uk