Case Study –IT Contractor – First-time Buyer

Value £475,000
Loan Amount £330,000
Property Location Kent
LTV 70%
Achieved Rate 1.52%
Completed April 2022

The Client

Our client was a first-time buyer looking to purchase their first property. However, as a contractor, they did not have a full-time PAYE employment contract to evidence affordability. Whilst she had a Limited Company, this did not demonstrate enough income to provide the client with the sufficient level of lending required.

First home