Bespoke products and expert advice - the perfect combination for large loans.
This is a specialist full advisory service for purchases or remortgages where the loan amount exceeds £500,000 up to £35m.
KEY HIGHLIGHTS OF SERVICE:
- Loans from 90% Loan to Value (residential) and up to 80% LTV for loans over £5m. Private and offshore bank funding can be obtained up to £35m. Tracker rates begin at Bank Base rate plus 1.35% with no early redemption penalties (correct as of 20.10.08) for loans from £1m-£20m.
- We have established relationships with UK & foreign UK based private banks and every major and specialist high street lenders. This allows us to obtain lending terms and rates not available elsewhere or approaching a lender directly. We have tailored finance deals that simply cannot be obtained on the high street.
- We negotiate directly with the underwriters on behalf of our clients to help us obtain the most competitive lending terms for all of our clients and where some flexibility is required for cases that are not straightforward or do not fit the usual criteria.
- Specialist advice for a tailored mortgage - This service allows applicants to 'mix and match' fixed and tracker rates as well as repayment vehicles all within in one loan for maximum control, flexibility and security, as well as offer offset facilities for loans over £5m.
- Our telephone advisory service offering clients the ability to process the whole mortgage application by post, phone and email for your convenience. Meetings can also be arranged at your home and office, including weekends.
THE SERVICE:
Mortgages up to £35m or more can be arranged for applicants who have a mortgage history or can provide proof of income. This service is only available to applicants with a minimum sole or joint annual income of £100,000 per annum.
KEY HIGHLIGHTS INCLUDE:
FOREIGN CURRENCY LOANS: Mortgages available in US dollar, Japanese Yen, Euros, GBP Sterling, Swiss Franc, Hong Kong dollar. and managed Multi Currency mortgages are also available.
NON UK RESIDENTS - Finance for Investment or main residence purchase for Non UK Residents, foreign nationals and Non UK domiciled.
LIMITED COMPANY LENDING (SPV) - No cap on lending to Limited Companies via Special Purpose Vehicle. Unique lending facilities that offer mortgages through offshore SPV's and Limited Companies in any offshore jurisdiction. We also have access to unique products that do not require personal guarantees from directors.
NEW BUILD & SELF BUILD MORTGAGES: Whether you are building your own property or are considering purchasing a new build property, we can obtain finance up to 95% Loan to Value. Finance can also be obtained if the property is over 4 storeys high, of non standard construction or where the purchase price is in excess of £5m (up to £35m).
PROFESSIONAL OCCUPATIONS & OFFSET MORTGAGES: Enhanced lending terms for Doctors, Dentists, Accountants, Vets, Solicitors, Finance professionals, Self Employed, Company directors and partnerships (over 5 x joint income or 5 x single income). If your income comprises of large annual bonus payments (including currencies other than GBP) we advise on all the tax effective mortgage products including full analysis of offsetting options.
FAST TRACK ONLINE PROCESSING: Mortgages approved within 48 hours and valuation instructed the same day. Mortgage offers obtained within 7 days (Express Priority Service).
- All paperwork is completed by us - there is minimal form filling required by you. Communication is done mainly via email and copies of documents are forwarded via e-fax and email.
- Self Certification is available for applicants who are self employed or employed receiving additional regular income such as annual bonus, commission packages or have investment income / additional income.
Financing is also available for applicants purchasing property through a Limited Company (Special Purpose Vehicle) or in individual names.
Specialist technical advice also available on property with restrictions - short leases, Listed property, Conversions, property requiring heavy refurbishment/rebuilding, Portfolio capital raising, credit repair mortgages are also available. Land and development finance can also be arranged for experienced property professionals on attractive terms.
Independent Bridging Finance and Buy to Let / Residential mortgages can be approved within days if buying at auction.
INDEPENDENT MARINE AND AVIATION FINANCE - for purchasing Boats, Yachts and Private Jets. We’ll help you find precisely what you want, and can arrange the most cost effective finance that supports it . Our specialist advice can help with mitigation of V.A.T. and valuations with advice from the leading lenders.
You can trust our specialist teams to know what we’re doing, and to help make your purchase as worry and as hassle free as possible. We are independent and will research all the marine and aviation finance lenders and this will also include referral to Private Banks specialising in this area.
NON RESIDENTS & FOREIGN CURRENCY MORTGAGES
Foreign Currency mortgages are available where applicants earn income in other currencies such as dollar, yen and Euros, or where you have a preference for a foreign currency loan.
We also offer managed foreign currency mortgages with specialist lenders. For more information on how they work and the benefits of managed foreign currency loans, please contact us for information.
Mortgages are also available via specialist private banks for Non residents, UK Expatriates, Foreign nationals and Non UK domiciled individuals. For applicants living outside EU countries and applicants on specialist occupations such as Sports, Entertainment and other professional occupations, flexible underwriting and larger loans can be arranged.
For all enquiries in this area, please email: hnw@avenue-pf.com or call 0845 230 9091. Alternatively complete the mortgage enquiry form
COST OF ADVICE
As independent advisers, you can choose how we are paid.
For our large loans service, we usually charge an administration fee of £500 when a full mortgage application is submitted to the lender. We may on completion receive a commission from the lender. Alternatively, you can pay us a a fee of 1% of the loan and we will refund any commission back to you we receive from the lender.
We adhere to the principles of treating customers fairly and if we do charge you a fee, we will put in writing to you details of any fees before commencing any work.
Your property may be repossessed if you do not keep up repayments on your mortgage.
For Self Certification/Right to Buy loans the overall cost of comparison is 10.6% APR. The actual rate available will depend on your circumstances. Ask for a personalised illustration. This APR is based on those with a clean credit history.
Foreign mortgages and loans are not arranged by Sesame.
Changes in the exchange rate may increase the sterling equivalent of your debt.