How Heron Financial Arranged a £378,000 Nationwide Mortgage at 4.34% for Joint Buyers in South West London
Heron Financial arranged a £378,000 mortgage with Nationwide for Intermediaries at an initial fixed rate of 4.34% on a 5-year fix for joint applicants buying a £420,000 purpose-built flat in South west London. With a 10% deposit, the loan sat at 90% LTV. The application was submitted to Nationwide one day after the first appointment, […]
How Heron Financial Structured a £362,000 Home Mover Mortgage at 58% LTV for Joint Applicants in Sheffield
Heron Financial advised joint applicants buying a £630,000 semi-detached house in Sheffield, structuring a £362,000 mortgage at 58% LTV on a 2-year fixed rate. The clients put down a £267,000 deposit funded by the sale of their previous home combined with personal savings, which placed the borrowing in the sub-60% LTV bracket where the most […]
How a 40% Deposit Helped Two First-Time Buyers Secure a 60% LTV Fixed Rate on a Flat in Bracknell
First-time buyers with a large deposit can usually access the same competitive fixed rates as home movers and remortgagers, because mainstream lenders price their mortgages by loan-to-value (LTV), not by buyer status, and not by whether the property is a house or a flat. In this case, Heron Financial helped a Bracknell couple aged 25–34 […]
Remortgage enables future upsizing with 0.84% rate to save time, money, and hassle
Summary Flexible residential remortgage to enable future upsizing. Highly competitive remortgage rate of 0.84% 2-year-fixed. Busy, professional couple saves time, money, and inconvenience. Our Client The clients were a married couple; he was a Company Director, and she was a Doctor. They wanted to remortgage their current property while considering that they may upsize in […]
Mortgage secured for First Time Buyers at 5 x income despite furlough salary
Summary Mortgage secured for First Time Buyers, irrespective of furlough income £240,000 maximum borrowing achieved at 5 x income Clients delighted with successful lending achieved at 1.43% Our Client Our clients were a First Time Buyer couple, one of whom was employed in an Administrative role and the other as Chef who had been placed […]