£350,000 home mover mortgage offered by bank in one minute
Trinity Financial recently arranged a £350,000 mortgage for a couple moving to a new property.
They had sold their home and had a large deposit to put towards their new £700,000 property purchase.
Did they have a complex situation?
They both worked in the financial sector and were employed. They also received bonuses.
They wanted a mortgage lender to offer them a competitively priced rate as they had a large deposit, and they did not need an income stretch to meet the affordability rules.
Was the rate particularly good?
Trinity's broker arranged a five-year fixed rate of just over 4.25%. Like many borrowers taking a longer-term fix, they wanted payment security.
How long did it take to produce the mortgage offer?
Trinity’s broker applied to a large bank recently updating its online system. As our clients were classed as low risk, had a good income, and purchased a property without quirks, the lender produced a mortgage offer within a minute. It automated our client's income and credit checks and made an online property valuation.
Lending solutions with Trinity Financial
Are you looking to buy a property and require expert advice? We’re here to help you find a solution – no matter how complex your circumstances.
At Trinity Financial, our expert brokers have extensive experience providing creative solutions to secure mortgages for our clients.
Call Trinity Financial on 020 7016 0790 to secure a mortgage or book a consultation
The information contained within was correct at the time of publication but is subject to change.
Your mortgage is secured on your property. Your property may be repossessed if you do not keep up repayments on your mortgage
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