The Client:
As a property investment business with 2 prior properties owned, our client was looking to expand their portfolio with this new waterside purchase.
The client was introduced to us by their accountant as they had been looking for funding to acquire an investment property in Nottingham in the prestigious Waterside Building.
The Deal:
After being referred to another broker back in June who had spent 4 months falling short, the client was then referred to us. This was especially challenging as the completion deadline was the 15th of October due to the expiration date of the developer’s purchase incentive. However, we turned the deal around for our client with our bespoke service.
Our MD Paul Goodman initially handled the client’s brief. The same night that the brief was received Ortus Secured Finance sent in an offer of funding to allow the client to secure the purchase. The client wanted us to source an alternative, standard buy-to-let mortgage for them for comparison. This was successfully accomplished for the client, however, due to the time constraints it was not viable to proceed with as there were only 3 weeks left of the deadline. Ortus were then formally instructed on the 30th of September.
As a result of the tight time constraints, Paul passed the deal over to our Compliance and Admin Director, Roxanne Goodman. Roxanne handled this deal expertly and successfully nurtured it through to completion.
Success:
Ortus pulled out all the stops on this deal. Valuation and legal matters were instructed quickly with all teams having the October 15th deadline firmly in their sights. Completion was met by the deadline with massive thanks to Ortus, their solicitors Shoosmiths, the client and Roxanne all working hand in hand with the objective strongly in mind.
Quotes:
From the lender:
Richard King, Head of Sales at Ortus noted: “We were delighted to complete this loan quickly. Special thanks here need to go to our valuation partner VAS panel who pulled several strings to get the report done in a just a few days, and our solicitors Shoosmiths who continue to deliver for us.”
From the team:
Roxanne Goodman, Compliance and Admin Director here at Goodman Corporate highlighted that: “Ortus absolutely smashed it out of the park on this case for us and the clients. They worked at a relentless pace and kept the pressure on the valuation and legal teams to make sure that the clients were able to meet their completion deadline and obtain their purchase incentive. I would like to thank Daniel, Shane, and Richard who I would have no hesitation in using again in the future, the level of service was second to none. It just goes to show what you can achieve when everyone has the same goal.”
From the Client:
Dear Roxanne, Paul and Team, our sincere thanks for all your extraordinary efforts to make this happen. It’s been clear all the way through that (1) you know what you are talking about, (2) you have great working relationships with the key players (3) you went above and beyond (working your days off), (4) you had our backs and – – – You Delivered for us! All this whilst needing to deal with the other challenges you have had to handle recently. An Outstanding Team.