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Residential Investment Portfolio

Updated: 14th February 2007 (PM)

For: Investment Property Portfolio in North London, mix of houses and flats.
Location: North London
Amount: £1,500,000

With the rise in property values over the last 3 years, our client was eager to utilise the equity in his existing portfolio to go out and purchase more residential property.

The client's existing bank did not come up with a particularly attractive package.Sterling arranged the following:

Facility of £1,500,000.
Term - 20 years with an initial interest only period of 24 months.
Bank base rate plus margin 1.5%.