RAW Capital Partners has completed a £1.3 million buy-to-let mortgage in 10 days, enabling a client to secure two investment properties in London after an initial lender withdrew their offer.

The Guernsey-based investment management firm, which operates the RAW Mortgage Fund, specialises in financing for foreign nationals, UK expats, and Channel Islanders. In this case, a London-based broker contacted RAW Capital Partners after the original loan fell through, leaving the borrower, based in the Far East, needing urgent finance to avoid losing the transactions and the fees already paid.

FAST-TRACKED APPROVAL

The application process began when the broker reached out via WhatsApp at 6pm on a Tuesday evening. RAW Capital Partners agreed to review the case, and by 8:45am the next morning, the credit committee had approved the loan. Valuations took place the following day, with formal documentation issued to the borrower’s solicitor shortly after.

The mortgage was finalised the following week, allowing the client to complete within the necessary timeframe.

Tim Parkes, CEO of RAW Capital Partners, said the case demonstrated the firm’s ability to move quickly when required.

“Clients and brokers alike are obviously delighted when you can help at short notice with a mortgage, particularly if it gets them out of a hole. In this case, the borrower could have lost out on a great opportunity, as well as a significant amount of money due to lost fees,” he said.

“At RAW we have always prided ourselves on our ability to react rapidly to enquiries and deliver what the market typically struggles to do: a simple mortgage in a timely fashion.”