Secured Loan for a Self-Employed Homeowner

Despite drawing considerable monthly income from a number of highly successful business ventures, a client from North Wales found himself in urgent need of a secured homeowner loan in order to carry out extensive improvements to his substantial property. The loan itself was a 65% LTV with a value of £98,000, which we were able to approve using information provided by our client’s accountant.

In an unusual set of circumstances, the client in question received additional earnings on his business income from an off-shore benefit trust loan (which is also known as an EBT). Our flexible approach to sourcing the most appropriate finance based on the individual needs of each client enabled us to take these additional earnings into account, which enabled us to offer an increase in loan size as a result.