Terms issued in 1 minute!

A property auction purchase. Funding by a term lender had been declined and the case needed quick action.

After discussing the case with the broker, we were happy to issue terms immediately. Thanks to our expert systems we were able to have the terms out within 1 minute. Planning permission was not in place for the property’s current or intended use, adding to the complexity of the case. A credit backed offer was issued 3 hours later, giving our commitment to the deal.

We worked closely with the broker, communicating daily to overcome the barriers to completion. This was possible due to the support of our in-house legal team. Together with Tom Heady from The Buy to Let Broker we ensured the timely purchase of the property for our client.