Finding tailored financial solutions for unique client needs is our forte at Diamond Property Finance. We recently tackled a challenging case where we helped a successful entrepreneur secure their first investment property in the UK through a Limited Company.
Case Profile:
The client aimed to secure a 70% loan-to-value (LTV) mortgage for a newly completed flat in Yorkshire to rent out on a short-let basis. The client had faced difficulties with two previous brokers before being referred to us by the property developer.

Challenges:
- First-Time Buyer and Landlord: The client had no prior property ownership in the UK, making them both a first-time buyer and a first-time landlord.
- Source of Deposit Funds: The deposit funds were received from an ex-partner following a separation and from parents located overseas.
- Short-Let Rental Plans: The client planned to rent the property on a short-let basis, which is generally viewed as less secure by lenders.
- New Build Property: The flat was a new build, which comes with its own set of risks in the lender’s eyes.
Solution:
To fully understand the client’s profile, we arranged a detailed call to learn more about their circumstances and aims for the property. We then approached lenders known to accept clients with similar profiles and discussed the application in detail with underwriters.
Despite the complexities, we positioned the case effectively to lenders specialising in first-time buyers and first-time landlords. Our comprehensive overview provided lenders with all necessary information about the client, the property, and their background, facilitating quick decisions. We maintained regular contact with the client to ease their anxiety, given their previous unsuccessful attempts.
Diamond Property Finance successfully secured funding for 70% LTV through a lender who allowed both short-term and long-term letting options. The competitive interest rate we achieved delighted the client, who had previously been told such terms were not possible. They went on to purchase their first investment property and are looking forward to building their portfolio with Diamond Property Finance.