Urgent Tax Bill FundingBack
Monday 23rd March 2020
We were approached by a self-employed individual who had an urgent tax bill to cease repossession and settle in a tight deadline.
The loan request was for £50,000 over 12 months, secured by way of 2nd charge on the borrowers' main place of residence. This coupled with the existing first charge took the Loan to Value to 65%.
After an initial conversation, we were able to source an ideal product and within a couple hours we sent the client the Offer in Principle.
Upon acceptance from the client, valuation and legals were instructed. The valuation was carried out within a few days and then the report issued to the lender within a week. As legals ran side by side, from point of enquiry to completion took just 8 working days.
Cut through the red tape with our hassle-free application process. We can typically confirm almost immediately whether your loan application is likely to be successful.