Case Study –High-Value Mortgage | Quick Completion Deadline

Value	£1,950,000
Loan Amount	£1,462,500
Property Location	Haywards Heath
LTV	75%
Achieved Rate	1.05%
Completed	December 2021

The Client

We had secured a mortgage offer for our clients, however, late into the process, this fell through. Our client’s managed to find another property, with a tight deadline for completion of 5 weeks. They were also incentivised to push this through to ensure they didn’t lose out on the highly competitive rate they had secured.

The Solution

We were able to utilise our contacts at the bank to facilitate a quick valuation and expedite the revised mortgage offer. We liaised with the solicitor to ensure that the transaction was able to progress smoothly, allowing the clients to complete on the purchase within 5 weeks of their offer being accepted.

The Henry Dannell Difference

We were able to meet an extremely tight deadline by utilising our strong relationship with the lender to expedite the process and obtain a revised mortgage offer for the new property within 3 working days.