CASE STUDY
Balancing demanding careers with aspirations for home improvements can be challenging for many professionals, let alone managing the logistics of financing the project. This was certainly true for our clients. But we are thrilled to share that with our support, they secured the necessary finances to transform their home into their dream space.
Our clients, a lead product manager and a financial planner, approached us to restructure their mortgage to free up capital for their home renovations. After many years of living in their current property, it was time to transform it into the home they always pictured. And with their fixed-rate term ending, they also wanted to achieve a longer-term solution with manageable monthly payments. However, tight deadlines meant they needed a quick resolution.
Assisting with a Smooth Completion
For every client, their situation and objectives are unique. That’s why we always start by conducting a thorough financial assessment, considering our clients’ long-term financial goals against the backdrop of the current economic climate to ensure the options we provide align perfectly with their objectives.
Understanding this, we then utilised our market expertise and established a highly competitive two-year fixed-rate product perfectly suited to our clients’ objectives. This provided not only the longer-term solution they were looking for but also initial stability amid potential future interest rate fluctuations.
But this is where working with us truly made the difference for our clients. With renovation projects, lenders will typically request planning permission documentation. Anticipating this would be requested, which wasn’t necessary in this case, we intervened on our clients’ behalf, engaging with local authorities to obtain what was needed to appease the lender and ultimately save our client valuable time and stress.
A Successful Outcome Exceeding Expectations
We successfully facilitated a remortgage solution that not only secured the desired rate for our clients but also provided significant savings through complimentary legal services and a valuation. This allowed our clients to allocate these additional funds toward their home improvements.
Hasan Acik, Mortgage Adviser at Henry Dannell, commented: “The clients were immensely satisfied with the process and delighted with the outcome. They particularly valued the timeliness and clarity of communication and action, which allowed them to concentrate on their busy lives and home renovation planning. This success highlights the value we add by not only securing optimal financial products but also efficiently navigating the remortgage process and all its many moving parts.”
At Henry Dannell, we are dedicated to providing exceptional service and achieving outstanding results tailored to each client’s unique circumstances and goals. Looking for a bespoke mortgage solution? Contact our specialist team today for a free consultation to explore your options.
Please note: a mortgage is secured against your home or property. Your home or property may be repossessed if you do not keep up repayments on your mortgage or any other debt secured on it.
