Client requiring a mortgage for a country house purchase with multiple complexities



The client came to us through a Google search, having been declined by their previous lender. They had found a dream country home, a detached 5 bed property with 6 acres and paddocks. The couple could easily afford the mortgage of £400k, however a number of lenders would not even consider a property of this nature due to the following complexities:

  • There was a separate 2 bed annex, complete with council tax and its own utilities as the previous owners used to let this out.
  • As is often the case with country house purchases, the land and property were on 3 different titles, with the property itself and annex on one, the paddocks on another and the driveway and corresponding land on a third.
  • The property was next to 2 commercial properties, being sandwiched between two working farms.
  • The property had 6 acres and some lenders will only value the first acre of land and some lenders can have an issie with acreage of this size.

Solution & lending facility

With access to every lender on the market and vast experience negotiating property finance of every kind, Private Finance’s expert brokers are equipped to find solutions to mortgage-related problems, even in situations such as this where there are multiple complexities.

Our expert consultant was able to find a lender who would accept this complex proposition and, despite previously being declined, was able to secure a highly competitive mortgage offer of 1.39% on a 5-year fixed rate term within 2 weeks of their enquiry.


© Private Finance Limited, 2021. Private Finance provides independent mortgage advice and arranges individual mortgage solutions for clients. Private Finance is a trading style of Private Finance Ltd, 29 Lincolns Inn Fields, London, WC2A 3EG, registered in England no. 3855776 and its Appointed Representatives. Private Finance Limited is authorised and regulated by the Financial Conduct Authority (FCA registration number 310566).

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