Law senior partner secures £5.1m mortgage for prime Central London home with Henry Dannell

Henry Dannell has secured a £5.1 million mortgage loan for a senior partner at a world-renowned law firm for a prime Central London property.

The client approached Henry Dannell with a time-sensitive situation. They had identified their dream property, a stunning 2,100 square foot apartment in a prime central London development, but their existing home wasn’t yet sold.

They needed to move quickly to secure the new property and desired a high loan-to-value (LTV) mortgage of 85% on the £6 million purchase price. Additionally, they wanted the flexibility to adjust the loan structure once their current property sold, all without impacting their investment portfolio.

Henry Dannell’s understanding of clients’ financial profiles and circumstances allowed them to quickly establish the lender most suited to them and their needs. Leveraging their close relationship with the chosen lender, they secured an acceptance in principle on the same day the enquiry was received. This allowed the client to proceed with a formal offer on their dream home.

Throughout the process, Henry Dannell maintained open communication with the lender and the clients, ensuring all financial details and requirements were clear. This resulted in a swift issuance of a formal mortgage offer.

Drawing on Henry Dannell’s comprehensive understanding of our clients’ financial profiles, we were able to effectively present this to the lender and secure them the desired 85% LTV facility.

This allowed Henry Dannell’s clients to move forward with the purchase without selling their existing residence and to reduce the loan amount within the first year without penalty once their previous home is sold.

Stephen Bourke, Mortgage and Protection Adviser at Henry Dannell, comments: “We are delighted to have helped our clients achieve their dream of owning this magnificent property.

Our focus on understanding individual needs and crafting tailored mortgage solutions sets us apart. It was a pleasure working with these clients and ensuring a smooth and successful outcome.”

At Henry Dannell, we are specialists in dealing with professionals with intricate financial profiles and are committed to making your dream home a reality. If you are seeking a bespoke mortgage solution, contact us today to discuss your unique needs and explore how our expertise can help you achieve your goals.