Brokerplan has shared how one of its area partners helped a tricky client secure the funding they needed.
One of the main benefits of using a broker is the exceptional expertise that they have in their specific field. That was something that really benefitted one of finance franchise Brokerplan’s clients in Stoke-on-Trent who was faced with a funding dilemma.
The client, who owned two buy-to-let properties on the same street in Stoke-on-Trent, wanted to refinance both properties. He thought that both properties were worth close to £50,000 each but struggled to find a broker willing to take his case due to the low value.
Luckily, Brokerplan’s area representative was able to find a company that were willing to lend the funds. One of the franchise’s lending partners, Shawbrook, agreed to lend £71,900 to the client, based on the properties’ collective worth of £100,000. As he was not sure of how much each property was worth, and wanted to get on with the process, he was very happy to go ahead with the agreement.
Within just over a month, the re-mortgaging process was complete, and the client had the funds he needed to go ahead with his next purchase. He was thrilled to have the money for his next business venture and Brokerplan’s area representative netted an impressive £1900 for matching the client with a lending partner.
The case study shows how effective Brokerplan’s partners and area representatives are at finding finance options for even the trickiest of clients. It also explains why the franchise has amassed a network of skilled brokers across the UK, all of whom are making a healthy income from offering its range of financial services.
If you’re interested in learning more about the franchise and feel as though it could be the right opportunity for you, click here.
Sophie Cole, Point Franchise ©