Case Study –Remortgage | Rate Expiring

Property Value £1,670,000
Loan Amount £978,000
Location London
LTV 58%
Achieved Rate 3.49%
Completed January 2023
Adviser Courtney Flockhart

The Client

Our clients had a sizable mortgage with an attractively low-interest rate. However, if left unattended, the rate would have skyrocketed by 500%. Understandably, they were very worried about the resulting financial instability. The property purchase, made two years ago, was a strategic move to avoid the hassles of relocation. Thus, the prospect of a significant payment hike, given the already substantial borrowing, was a cause for concern.

happy couple remortgage home