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01277 561 116
As one of our brokers you can source client solutions across multiple sectors, submit and track their cases 24/7.
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As one of our brokers you can source client solutions across multiple sectors, submit and track their cases 24/7.
Need to register? Click here to start using our sourcing and case management system
CALL US:
01277 561 116
A single applicant was looking to make an onward purchase at a value of £240k. The client had a 20% deposit from the sale of their existing property. The applicant earned £35k p/a so needed a lender with a more generous income calculation.
In addition to the above mentioned issues, there were 2 mortgage payments in the last 24 months showing on the credit search. However, payments had been maintained for the last 6 months.
Brightstar were able to assist with a 5 year fixed rate product at 5.14%. This approach offered the customer stability at a time when base rate is rising. The lender used stresses income slightly differently, hence the ability to borrow a little more than a mainstream lender could offer.
READ MORE about the specialist residential mortgage scenarios we can assist with
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