CASE STUDIES
Hotel Industry - self certified
Client was referred to us by their accountant; the client had been served a 14 day closure notice by their main bank on a £1.4 million security held against the groups’ hotel. Belconite arranged a £1.9 million re-mortgage, clearing the security held by the bank, and releasing additional funds for future business development. Throughout the entire process, Belconite liaised directly with the clients’ bank to ensure the foreclosure was avoided. From submission of application to completion took 15 days.