£1.2 million mortgage for venture capitalist worker and business manager buying their first home
Our first-time buyer clients asked for help to source a competitively priced £1 million+ mortgage.
The couple had viewed a few properties and found one they liked, but they were unsure which product to take or which bank would be best for them.
One of the borrowers worked in the venture capital markets and received bonuses, while the other was a business and strategy manager.
They wanted one of Trinity Financial's advisers to support them through their mortgage journey. They were also keen to understand how much they could borrow and which lenders had the best permission to let policy in case they moved overseas.
Our clients were cash-rich but wanted to ensure they were going about the process correctly. Initially, they asked for a higher loan-to-value mortgage, and we found them some options, but later decided to put some more money into the transaction.
They wanted longer-term security, so Trinity Financial's broker secured them the market's most competitively priced five-year fixed rate at the time. The product allows ten per cent overpayments each year so they could make lump sum repayments when they received their bonuses.
Call Trinity Financial on 020 7016 0790 to secure a mortgage or book a consultation
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