Case Study –Remortgage | Transfer of Equity to Add Family to Deeds

Property Value £870,000
Loan Amount £335,000
Location Maidenhead
LTV 38%
Achieved Rate 3.24%
Completed December 2022
Adviser Courtney Flockhart

The Client

Our clients were seeking to be included in the property deeds of their mother. However, a significant hurdle arose as both sons held their own residential mortgages and had prior financial commitments. Additionally, the mother’s current mortgage provider informed them that the affordability criteria would not be met, and they did not permit more than two applicants. Yet, the mother was adamant about not wanting to exclude one of her sons from the property deeds.

women with son