Case Study –Secured 90% LTV Mortgage for Barrister Buying First Home

The Client

Securing a mortgage as a barrister presents unique challenges due to the complex nature of their income. Our client, a barrister eager to step onto the London property ladder, faced these complexities firsthand. With a desire for a high loan-to-value (LTV) of 90%, the client’s aspirations were ambitious given the current market conditions.

The Solution

At Henry Dannell, we understand the intricacies of a barrister’s financial profile. Through a meticulous assessment of our client’s income and expenditure, we identified a lender with a proven track record in working with barristers. Our in-depth market knowledge enabled us to secure a competitive two-year fixed-rate mortgage at the desired 90% LTV, despite the challenging market. To streamline the process, we proactively gathered the relevant documentation from the client and their clerk, ensuring a seamless journey through the underwriting stage. This proactive approach is a hallmark of our client-centric service.

The Henry Dannell Difference

At Henry Dannell, we understand the unique financial challenges faced by barristers throughout their careers. From the early days of pupillage to the pursuit of silk, we provide tailored mortgage solutions that account for the fluctuating nature of your income. We go beyond simply securing a mortgage; we provide comprehensive support throughout the entire homebuying process. Our close relationship with legal partners enables us to navigate unexpected challenges and ensure a smooth transaction for each client.