Residential Mortgage | Sporadic Commission
We successfully connected our client with a lender who understands the intricacies of commission-based income and does not limit it to 100% of the basic salary.
Read MoreWe successfully connected our client with a lender who understands the intricacies of commission-based income and does not limit it to 100% of the basic salary.
Read MoreWe secured our client a new rate 6 months before the expiration of their current rate. As market rates continued to decrease, we leveraged our expertise to strategically switch our client's rate multiple times until the completion of the remortgage process.
Through effective communication and negotiation with the underwriter, we successfully secured the lending solution the client needed.
Using our extensive market knowledge and well-established relationships, we were able to secure a solution tailored to our client's unique circumstances and requirements.
During the period between the mortgage application submission and completion, the lender's rates experienced a significant decrease. We took prompt action and secured a revised mortgage offer that reflected the latest rates, resulting in the client saving a remarkable £670 per month on their monthly payments.
Despite complexities, through our diligent efforts and well-established relationships with lenders, we were ultimately successful in securing the financing our client required.
Despite being informed by several brokers and lenders that he would not be eligible for a competitive rate until he had owned the property for 6 months, we were able to find a solution that allowed him to secure a new rate as soon as possible.
Our client, a portfolio landlord, sought a new rate to avoid the lender's Standard Variable rate of 8.29%, which represented a 2.5% increase in interest. Despite the lender's initial refusal, we persevered and successfully secured a new rate, saving our client from a significant increase.
Due to problems with the initial property, our client chose not to proceed. Nevertheless, the lender refused to extend the mortgage rate offer to the new property, citing policy constraints. However, thanks to Henry Dannell's industry contacts, we were able to secure the offer extension beyond policy.
We provided our client with the rates on the same day and promptly supplied them with a comprehensive list of the necessary documents. Within two hours of our initial contact, our client received all the information required to make an informed decision.