We needed to remortgage our business property and pay off the overdraft. Our bank had transferred us to Specialised Lending (not a nice as it sounds) and wanted their money back.
A consultant from All Property Finance came to see us and found a standalone lender. We remortgaged at a better interest rate than we had with our bank. There is no Relationship Manager and no Reviews so we can get on with our business. The consultant has kept in touch and we are now looking to develop some land at the rear of the unit and also buy a house for our employees to rent. We have come back to All Property Finance for a good deal.
Loan: £950,000
Terms: Base rate + 2% over a 25-year term