YBS completes remortgage deal worth £6.2m

Jake Carter

June 15, 2021

remortgage instructions

YBS Commercial Mortgages has completed a remortgage deal worth £6.2m, for a national mixed portfolio client.

The deal was agreed in the lender’s Wales and South West Hub, based in Cardiff, for a client with a large residential and commercial portfolio, spread across the UK.

The YBS team was required to work collaboratively across the country, drawing on local market knowledge to deliver the best outcome for the client.

The deal was confirmed at a blended rate of 3.65% – as the product was tailored very specifically to meet the individual needs of the client – with part of the offering fixed for 5-years on an interest-only basis.

Allan Griffiths, regional director for the Wales & South West Region at YBS Commercial Mortgages, said: “This high-value and complex deal represents our commitment to provide a tailored and personal service to each client, amending our offering carefully to fit borrower requirements.”

Sign up to our daily email