GB Bank completes £1.5m HMO refinance for portfolio landlord

Published on

GB Bank has completed a £1.5 million HMO refinance for an experienced landlord, moving the borrower from bridging finance to a buy-to-let term facility.

The deal also included an equity release element, allowing the borrower to unlock capital for further acquisitions as part of a portfolio growth strategy.

The transaction was introduced by Sy Nathan, broker at Dynamo, who worked with GB Bank on the case.

The GB Bank team included Adnan Ali, head of relationship management, Stefanos Petrou, Manasi Nayyar and Hrishikesh Tendulkar.

GB Bank is a UK-licensed specialist lender providing finance of up to £20 million for UK companies, individual investors and foreign nationals, including borrowers with complex structures, unusual properties or non-standard requirements.

Ali said: “This was a great example of how we can support experienced landlords in strengthening and growing their portfolios.

“By refinancing onto a term facility and releasing equity, we were able to provide a solution that offers both stability and the flexibility to reinvest, enabling the borrower to continue scaling with confidence.”

Nathan added: “In today’s complex lending landscape, high net worth clients demand more than off-the-shelf solutions they demand a partner who can move fast, think creatively, and deliver.

“Whether it’s structuring a complex case others would walk away from, or securing a bespoke product that simply isn’t available on the open market, Adnan and team consistently deliver and they do it with speed and efficiency that our clients expect.

“This isn’t just a lending relationship; it’s a long-term partnership that directly translates into exceptional outcomes for the people who trust us.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Barclays fast-track remortgage launches after MAB pilot

Barclays is rolling out its new fast-track remortgage proposition across the market following an...

The Mortgage Works raises landlord borrowing limit to £10m

The Mortgage Works (TMW) has increased the maximum amount landlords can borrow across Nationwide...

Sesame Bankhall steps up OneView development through JammJar partnership

Sesame Bankhall Group has formed a technology partnership with JammJar to accelerate the development...

NPTN by LMS assembles industry panel to examine property market reform

NPTN by LMS will bring together senior property industry figures for a live webinar...

Together webinar to examine portfolio landlord lending strategies

Together is to examine changing landlord trends and portfolio lending strategies in a broker...

Latest publication

Other news

Barclays fast-track remortgage launches after MAB pilot

Barclays is rolling out its new fast-track remortgage proposition across the market following an...

The Mortgage Works raises landlord borrowing limit to £10m

The Mortgage Works (TMW) has increased the maximum amount landlords can borrow across Nationwide...

Sesame Bankhall steps up OneView development through JammJar partnership

Sesame Bankhall Group has formed a technology partnership with JammJar to accelerate the development...