Home Mover Mortgage on a £715,000 New-Build Detached House at 85% LTV in Kent

Heron Financial arranged a £607,000 mortgage at 85% LTV for a home mover in Kent, purchasing a £715,000 new-build detached house. The £107,000 deposit was made up of £80,000 from the sale of the existing home and £27,000 in personal savings. The case needed a lender comfortable with new-build at a higher loan size and […]

New Build House in Kent: £340,000 Mortgage Placed With Barclays at 4.00%

You can get a mortgage on a new build house, and the lender’s valuation is usually the stage that decides how smoothly it goes. New build properties are assessed carefully because they can value below the agreed purchase price, so most lenders progress the application “subject to valuation” before issuing a formal offer. In this […]

Joint Home Mover Mortgage at 38.5% LTV: Two Key Workers Buying a £400,000 Flat in London

Heron Financial arranged a £154,000 mortgage at 38.5% LTV for two joint applicants in London, a healthcare support worker and a logistics worker, purchasing a £400,000 purpose-built two-bedroom flat with £246,000 of equity from a previous property. The case also navigated a down valuation, with the property valued at £388,000 against the agreed purchase price […]

Joint Buyer Mortgage at 82% LTV: Three-Bed Terraced House Purchase for a Couple in Clevedon

Heron Financial arranged a £240,000 mortgage at 82% LTV for two joint applicants in Clevedon, one working in administration and finance support, the other in sales, purchasing a £292,000 three-bedroom terraced house with a £52,000 deposit from personal savings. With one stable salaried income and one commission-driven sales income, the priority was placing the case […]