Case Study –Residential Mortgage | Sharp Income Increase

Value £1,900,000
Loan Amount £1,615,000
Location Manchester
LTV 85%
Achieved Rate 3.36%
Completed July 2022
Adviser Courtney Flockhart

The Client

Our client was a talent/influencer manager looking for an 85% loan. The client had already started the process with a private bank directly, which had let her down by not coming back to her quickly enough, which meant she was now at risk of losing the purchase property, as well as the purchasers for the property she was selling. The delay was that the client had only been self-employed for 18 months which meant the private bank was struggling to understand the sharp increase in income from her previous employed role.