Case Study –New Residential Purchase | Outstanding Loans

Our clients were looking to purchase a new property, for which they required a loan of 5.5 times their income. They also had another property that was being retained in the background as a buy-to-let – this property was not yet rented, and therefore, deemed by so some lenders as an additional financial commitment. Further to this, the clients had multiple loans/credit cards outstanding which they were concerned would impact their debt-to-income ratio.