Posts Tagged ‘Borrowing Team’

Lawrence Stephens’ Real Estate Finance Borrower team drives summer success with a trio of transactions

Posted on: August 13th, 2024 by Hugh Dineen-Lees

The Borrower team at Lawrence Stephens, led by Nisha Saigal and supported by Claire Boyd and Aida Gashi, has been making significant strides this summer in the real estate market. They’ve taken on a diverse portfolio of residential and commercial properties, collaborating with various lenders.

Here’s a closer look at some of their July deals:

Deal 1: Refinancing of Residential Flats

The Lawrence Stephens team facilitated the refinancing of two residential flats, with a substantial loan amount of £2.45 million. Acting as the sole representative for the borrower, they collaborated with the Bank for Intermediaries/Professionals as the lender. Their expertise in navigating complex transactions played a crucial role in achieving success.

Deal 2: Refinancing of HMOs (Houses in Multiple Occupation)

The team successfully refinanced three Houses in Multiple Occupation (HMOs) with a loan amount of £1.45 million. Acting as the sole representative for the borrower, they collaborated with Hampshire Trust Bank plc as the lender. Their expertise in managing complex transactions ensured a smooth process for all parties involved.

Deal 3: Purchase of Freehold Property

The Borrower team also facilitated the acquisition of a freehold property, subject to tenancy, with a loan amount of £138,000. The transaction involved dual representation, and the lender was a specialist in Buy-to-Let financing. Their ability to navigate complex scenarios and find practical solutions was instrumental in achieving a successful outcome.

These transactions underscore their dedication to cultivating robust, enduring connections with borrowers. The team’s proactive mindset, industry acumen, and streamlined execution position them as a reliable ally in the real estate finance arena.

Lawrence Stephens Real Estate Finance Borrower team completes three deals

Posted on: July 8th, 2024 by Hugh Dineen-Lees

Lawrence Stephens’ Real Estate Finance Borrower team, led by Nisha Saigal and supported by Claire Boyd and Aida Gashi,  have hit the ground running taking on an impressive range of residential and commercial properties with various lenders. Here is a snapshot of some of their deals.

1. Bridging Deal: 9 Days to Completion

In a remarkable feat, Lawrence Stephens assisted a client in completing a bridging deal within just nine days from the receipt of the mortgage offer. The property in question was an auction purchase with a purchase price of £820,000. The lender involved was KSEYE, and the swift execution underscores the team’s agility and commitment to their clients.

2. HMO Property Refinance

The Real Estate Finance Team also handled a refinance for an HMO (House in Multiple Occupation) property. The loan amount was £300,000, and the transaction involved dual representation.  The team’s industry-wide experience in the commercial, residential, healthcare, and leisure sectors played a crucial role in ensuring a successful outcome.

3. Freehold Subject to Tenancy

Lastly, Lawrence Stephens facilitated the purchase of a freehold property subject to tenancy. The property had a purchase price of £535,000, and once again, dual representation was involved. The BTL (Buy-to-Let) specialist lender supported this transaction, demonstrating the team’s ability to navigate complex scenarios and find practical solutions.

These deals highlight their commitment to forging strong, long-term relationships with borrowers. The team’s proactive approach, industry expertise, and efficient execution make them a trusted partner in the real estate finance landscape.