Complex Income And Ltb Funding For A High Value Onward Purchase

The clients:

A senior partner within a law firm approached us to support the purchase of a high-value residential property. The client had a complex income structure, combining profit share and drawings, and also owned an existing residential property that needed to be converted to a buy-to-let as part of a simultaneous let-to-buy arrangement.

In addition, the client held significant cash reserves and wanted the flexibility of an offset mortgage product to help manage interest costs efficiently over time.

The challenge:

Affordability assessment was complex due to the nature of the client’s income. Lenders required detailed analysis and confirmation using a combination of tax calculations, computation confirmations and supporting documentation to evidence sustainable earnings.

At the same time, the transaction involved multiple moving parts:

Converting the existing residential property to buy-to-let
Raising capital to support the onward deposit and Stamp Duty costs
Securing a competitive mortgage on a high-value purchase
Retaining the option of an offset product to maximise flexibility

Many lenders restrict lending where income is non-standard or where let-to-buy transactions are involved, particularly at higher loan amounts.

The solution:

Following a detailed review of the client’s income structure, tax documentation and overall financial position, we identified a lender experienced in assessing professional partnership income and complex borrowing scenarios.

By carefully packaging the application and presenting income across multiple supporting documents, we were able to satisfy affordability requirements while coordinating the let-to-buy element alongside the onward purchase. The chosen lender also offered an offset mortgage option, aligning with the client’s desire to reduce interest costs using surplus cash.

The outcome:

The client successfully completed the purchase with the following mortgage facility:

Loan amount: £1,000,000
Purchase price: £1,800,000
Interest rate: 4.30% fixed
Term: 15 years
Monthly repayment: £7,558
Arrangement fee: £999
Loan-to-value: 56%

This case demonstrates how careful structuring and specialist knowledge of lender criteria can unlock solutions for clients with complex income and multi-property transactions. By aligning lending strategy with the client’s wider financial objectives, we delivered a flexible and competitive outcome suited to both current needs and long-term planning.