£920,000 mortgage for ‘pre-settled’ banker/restaurateur couple buying new home

Trinity Financial recently helped professional clients to buy a £920,000 home in Surrey.

One applicant was working in banking while the other owns a restaurant.

They had been in the UK for just over two years and are classed as "pre-settled". However, they needed an income stretch mortgage of just over five times salary to go with their 15% deposit. 

The couple could not approach any deposit scheme providers to access a larger deposit (even, Hauz or Proportunity) due to their visa status.  

Trinity Financial’s knowledgeable broker found a lender offering a large mortgage at high loan-to-value with the required income stretch.  This was particularly difficult to secure for somebody who is without indefinite leave to remain, settled status or a British passport.

Trinity Financial finally secured the required mortgage by including one borrower’s bonus, plus income from their recent pay rises.

Call Trinity Financial on 020 7016 0790 for help to secure a mortgage or book a consultation