The client – an HMO landlord in the Birmingham University area – was looking to refinance several properties in his portfolio to purchase and refurbish a property that had just come on the market.

Mortgage Masters introduced the client to Aspen, which provided an underwritten decision in principle within three hours and instructed the legals and valuers on the same day.

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It then met the client and valuer on site within three days.
The specialist lender completed the multi-property, multiple drawdown loan with an LTV of 75% (plus 100% of works costs in arrears) in just 15 working days.

Arthur Cole-Fontayn, associate loans manager at Aspen said: “It is always a pleasure to work with competent brokers and borrowers, without whom this deal would not have been possible.

“I am glad to see a successful result for all as achieved.”

The borrower added: “…If I had to categorise Aspen’s performance, it would be fast, friendly and efficient.

“I will definitely come back to Aspen whenever I need bridging finance again.”