Case Study –Residential Mortgage | Complex Income Structure

Value £6,560,000
Loan Amount £3,280,000
Location New Oxford Street
LTV 50%
Achieved Rate 1.94%
Completed June 2022
Adviser Geoff Garrett

The Client

Our client had an offer accepted on a property and had approached a high street bank directly for assistance with the mortgage. However, late into the process, the lender advised they were unable to proceed, as the underwriter was having trouble understanding the client’s income. With the deadline to exchange fast approaching, the client required swift action to secure the required mortgage.