£1.2M loan for clients with complex LLP income structure

£1.2M loan for clients with complex LLP income structure

Article by Samuel Hesketh Associate Director - Private Clients

What was the situation?

I was recently contacted by my clients who were looking to purchase their new 5-bedroom family home. It was an off-market purchase and the clients wanted to secure a competitive rate and move quickly.

The purchase price was almost £1.4 million and my clients were looking for a mortgage of 85% loan to value (LTV), using a healthy deposit from the sale of their existing property. But In order to obtain their desired loan amount, they needed to use a share of the net profit from across their limited companies that were held within a LLP (limited liability partnership), of which they are directors and partners.

What was the issue?

At the point of initial contact with them, the clients had already been provided a quote from a private bank. They were due to proceed, however they felt that a more competitive rate could be obtained.

Due to the size of the loan, the number of lenders that would be willing to provide funding was significantly reduced and I had to use my expert knowledge to know who to present the application to. In addition, the clients also had their complex limited company/partnership income structure which meant a bespoke lender approach was needed.


What was the process?

Knowing that a more bespoke approach was required, I approached a lender that uses a select panel of brokers only, including LDN Finance. I presented the case to the underwriters who were happy to consider it due to strength of my client’s financial profile.

Upon getting the ok from the lender, we were informed that rate changes we about to impact any outstanding decisions. With current inflation, unfortunately this is a regular occurrence however, as the client knew they wanted to proceed I went above and beyond to make sure the application was submitted before the rate increase came into effect later that day. I did it, and had about 30mins to spare!


What was the solution?

I was able to secure a 2.35% 5 Year fixed rate loan for the client. By locking in this rate, I was able to save the client thousands of pounds over the lifetime of their mortgage product period. The clients were able to progress to completion quickly and were extremely happy with the outcome.


Lending solutions with LDN Finance

Are you looking to upsize your family home but have a complex income structure? We’re here to help you find a solution – no matter how complex your circumstances. At LDN Finance, our specialist brokers have extensive experience in providing creative solutions to secure large loans for our clients.

We work closely with our trusted network of private banks and both high street and specialist lenders to arrange bespoke mortgage arrangements to suit your circumstances at competitive, market-leading rates. 

Get in touch with us to organise an initial consultation.

Need expert mortgage advice?
We can help.

Get in touch with our expert residential mortgage advisers today to get started on your property finance journey. Whether you’re buying your first home, upsizing for more space or refinancing your property portfolio, our award-winning mortgage brokers have got you covered.



Our happy clients

Excellent and outstanding professional service from start to finish. From offering as many options as possible, to explaining to me very quickly what the benefits are and what I should really be thinking about moving forward. Thoroughly recommend.

Mr. M

July 2021

5 Stars! The LDN team supported us purchasing our family home, without their support and as an expat it would have been very difficult to obtain our new home in the UK. I would totally recommended them.

Mr. S

August 2021

Johnny Martin held our hands through the entire process calmly and professionally. Brilliant service, efficient and swift in response to everything. He made the entire journey uncomplicated even when the bank made it complicated. Highly recommended.

Mr. H

July 2021

Related Case Studies