👉 Knot your average case study from The Stafford. 👈
The broker approached us to see if we could take a view on income for a client in the performing arts industry, whose contract with a theatre had not been running for a full year. Previous years’ income prior to the current contract was also very sporadic.
He was looking to capital raise over and above his existing mortgage debt as the property required extensive refurbishment.
We made our inquiries and could see that the income was likely to be sustainable, enabling us to offer a loan amount slightly in excess of 4.5x – a happy outcome for our thespian.
That’s another unusual case untangled by The Stafford for Intermediaries!
Contact us today if you need a mortgage case being looked at by our wonderful team
☎ Phone ☎ 01785 231 444
📧 Email 📧 Brokers@srbs.co.uk
