Mortgage Solutions

Moving home can be one of life’s most exciting and sometimes stressful experiences. Whether you’re looking for more space to grow or a smaller, more manageable home to enjoy, arranging the appropriate mortgage is key.

Upsizing: We help you understand affordability, your budget and whether its the most appropriate advice to port your existing mortgage to new property or start the process with a new lender.

Downsizing: Downsizing offers opportunity to free up capital, lower monthly outgoings, and enjoy more financial freedom. We’ll help you evaluate the most suitable options – whether paying off your mortgage completely, arranging a smaller one, or considering interest-only solutions.

Key Benefits

• Port your existing mortgage to avoid early repayment charges
• Access suitable rates when switching lenders
• Release equity for renovations or other purposes
• Reduce monthly payments by downsizing
• Expert guidance on timing your move

What is the purpose of remortgaging?

At the end of your fixed or tracker rate you normally revert to the banks standard variable rate. This rate is normally very expensive. You have two options.

1. Stay with your current lender and switch rates on a like for like basis.
2. Remortgaging to another provider if the rates are more competitive or you want to capital raise and borrow additional monies

We recommend contacting us up to 6 months prior to your current product’s expiry date as remortgages are not an instant process.

Key Benefits

• Lower monthly payments with more suitable rates
• Release equity from your property
• Consolidate debts into your mortgage
• Switch from interest-only to repayment

Key Considerations

• Remain with existing lender vs switch to a new lender
• Compare whole market for the appropriate rates
• Review your financial goals and objectives
• Timing to avoid early repayment penalties
• Potential to release equity for home improvements or other purposes

At REF Capital we specialise in helping high net worth individuals secure large loans of £1m+ on all types of lending such as residential / buy to let & commercial mortgages.

We have over 30+ years of experience in the mortgage industry which has led to us developing trusted relationships with all the main high street lenders as well as private banks whose lending criteria is more tailored to high net worth individuals with complex circumstances.

Whether you are looking for a transactional lend where you are not required to place assets under management (AUM) or you are happy to provide AUMs to achieve the level of borrowing you require, we can advise which banks to approach.

Often lending terms are priced on an individual basis based on what you can provide to the bank in the form of additional business.

Key Benefits

• Access to private banks and exclusive lenders
• Bespoke underwriting for complex income
• Competitive rates for large loans
• Relationship pricing opportunities
• Expert negotiation on your behalf

Buying your first home is an exciting process. However, it can be stressful if you do not have the proper guidance. There are many steps in the process involving estate agents, lenders and solicitors. This can feel overwhelming but here at REF Capital we strive to ensure your house buying journey is as stress free as possible.

First time buyer mortgages are designed to offer competitive rates, lower deposit options, and access to government schemes that can help you get on the property ladder sooner.

Key Benefits

• Competitive interest rates for first-time buyers
• Lower deposit options (100% mortgages are available)
• Access to government schemes such as the Mortgage Guarantee Scheme, First Homes Scheme, Shared Ownership and Right to Buy
• Expert guidance through every step
• Whole-of-market advice to find the most suitable mortgage product

The Process

1. Factfinding – Understanding your requirements, objectives, needs and preferences

   We review your personal and financial information along with your objectives, needs and preferences to determine how much you can afford to borrow to establish your your budget.

2. Find Your Property

   You can start the search for your dream home with confidence as you now know your budget.

3. Make an Offer

   When you find the most suitable property, you will need to make an offer through the estate agent. Once your offer is accepted we can start the formal mortgage process.

4. Submit Full Application

   Once your offer is accepted, we submit your full mortgage application with all required documentation.

5. Underwriting

   The lender reviews your application and may ask additional questions.

6. Application is approved subject to valuation

   Once your application is approved the lender will instruct the mortgage valuation.

7. Receive Mortgage Offer

   Upon approval, you receive a formal mortgage offer.

8. Legal Work

   Your solicitor completes the legal work on behalf of the lender.

9. Exchange of Contracts

   You exchange contracts and are legally committed to buy the property.

10. Completion

    The bank releases the mortgage monies and you complete on your purchase.

REF Capital LLP are experts in structuring buy to let mortgages.

Whether you own just 1 buy to let or a large portfolio of 500+ properties REF Capital can ensure that you receive expert advice in structuring the finance. If you are new to property investment we can guide you through the pitfalls and assist you in building a portfolio to become a successful landlord.

We can arrange buy to let mortgages in either personal name or via a limited company.

We specialize in the following areas:

1. Complex portfolio refinances for large portfolios of 100 + properties.
2. Layered Corporate Structures involving several companies / holding companies the ownership structure.
3. Development Exit – We can help you exit your development finance into term finance.
4. Ex-Local Authority Property Portfolios.
5. HMOs – We can procure specialist lending for 4 bedroom HMO’s up to no limit.
6. Holiday Let Mortgages
7. Serviced Accommodation Mortgages

Key Benefits

• Build a property investment portfolio
• Rental income can cover mortgage costs
• Potential for capital appreciation
• Expert guidance for new and experienced landlords

Requirements

• Larger deposits: 15-25% down payment required
• Property use: Single ASTs preferred, HMOs need specialist lenders
• Income coverage: Rental income must cover 125-145% of mortgage payments depending if you borrow in a personal name or via a limited company.

If you are currently a homeowner with a mortgage and would like to buy a new property without selling your existing property, we can assist.

By following a simple principle of letting your existing property and using a new residential mortgage to purchase your new home your current property can become an investment.

Not all lenders will allow you to do this, at REF Capital we can advise you on how to structure this type of purchase.

Key Benefits

• Retain your existing property as an investment
• Potential rental income to cover existing mortgage
• Expert advice on structuring the transaction
• Access to lenders who support let-to-buy

Requirements for a buy to let mortgage:

Deposits: 15-25% down payment

Age: Minimum 18, some lenders prefer 21-25

Property Use: Single ASTs preferred, HMOs need specialist lenders

Income: Rental income must cover 125-145% of mortgage payments

Key Benefits

• Expert guidance for first-time landlords
• Understanding of rental yield calculations
• Access to specialist buy-to-let lenders
• Advice on property selection and location
• Ongoing support as you build your portfolio