Call us:01277 561 116
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
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
#madeeasy