£1.5 million remortgage for professional couple switching to get a better rate
Trinity Financial recently arranged a £1.5 million remortgage for two professionals switching rates.
Their super-cheap fixed mortgage was coming to an end and they needed to secure a new rate rather than revert to their lender's standard variable rate.
Both of our clients worked in the banking sector and they were keen to secure a two-year fix rather than a longer-term deal. Like many borrowers, they hope rates come down again over the coming years.
How did we help?
Trinity Financial's broker assessed the market and the products available to them. He secured a large loan two-year fix well in advance of their existing mortgage's end date.
Our client's property was in a prime area of London and it had increased in value, so they had lots of equity. It was worth £2.5 million.
The new mortgage comes with a 10% overpayment facility enabling the borrowers to make lump sum repayments.
Call Trinity Financial on 020 7016 0790 to secure a mortgage or book a consultation
The information contained within this article was correct at the time of publication but is subject to change.
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