Case Study: Product Transfer for Rate Renewal

Summary We recently helped our customer arrange a product transfer on their home in Hook, Hampshire, as one part of their NatWest mortgage was approaching the end of its fixed rate and due for renewal. The mortgage was split into two parts with different fixed-rate expiry dates. The customer wanted to secure a new five-year… Read more
Case Study: BTL Remortgage from Bridging

Summary We recently helped our customer arrange a buy-to-let remortgage in Dorset, refinancing a bridging loan that had been used in connection with new build properties. The case required more detailed lender research because there were two properties held under one title. We therefore needed a lender that was comfortable with the property arrangement and… Read more
Case Study: Remortgage Solution for Long-Term Stability

Summary We recently helped a couple arrange their next mortgage after selling their existing home for £915,000. They had around £149,000 outstanding with Barclays across two mortgage subaccounts and wanted to port their existing mortgage to avoid significant early repayment charges. Alongside porting the existing borrowing, they needed to increase their total mortgage to £485,000… Read more
Case Study: Buy-to-Let Product Transfer in Farnborough

Summary We recently helped experienced property investors in Farnborough, Hampshire, arrange product transfers on three existing buy-to-let mortgages with BM Solutions. The customers wanted to avoid moving onto variable rates when their existing deals expired, but also preferred not to go through the additional underwriting, legal work and documentation involved in a full remortgage unless… Read more
Case Study: Buy-to-Let Product Transfer with Lease Constraints

Summary We recently helped an experienced property investor arrange a product transfer on a buy-to-let flat in South London valued at £450,000, with an outstanding mortgage of around £289,000. The main challenge was that the property had less than 70 years remaining on the lease, which can restrict the number of lenders willing to consider… Read more
Case Study: Residential Product Transfer in Fleet

Summary We recently helped a couple in Fleet, Hampshire, arrange a product transfer as their existing fixed-rate mortgage with Barclays was coming to an end. The customers wanted to avoid the additional paperwork, legal work, underwriting and costs involved in a full remortgage. They also preferred a two-year fixed rate, giving them payment certainty in… Read more
Case Study: Product Transfer For Homeowners in Church Crookham

Summary We recently helped homeowners in Church Crookham arrange a product transfer as their existing fixed-rate mortgage with HSBC was coming to an end. The customers were considering selling the property in around two years, so they wanted a short-term fixed rate that would give them payment stability without tying them in for longer than… Read more
Longest Term Mortgage in the UK

Longest Term Mortgage in the UK: Benefits and Drawbacks When considering a mortgage, one of the decisions you’ll face is the length of the mortgage term. The mortgage term refers to the duration over which you’ll repay your loan, influencing your monthly payments, total interest paid, and financial planning. As lenders continue to evolve their… Read more
Case Study: Product Transfer for Knaphill Director

Summary We recently helped a self-employed company director in Knaphill, Surrey, arrange a product transfer on their existing residential mortgage. The customer had a mortgage balance of around £193,000 on a property valued at £400,000 and wanted to secure a five-year fixed rate for longer-term payment stability. Having recently moved into a new limited company… Read more
Case Study: Product Transfer on Maternity Leave in Farnborough

Summary We recently helped a customer in Farnborough arrange a product transfer while they were on maternity leave. The customer had an existing mortgage with HSBC of around £146,000 on a property valued at £223,000. As they were receiving statutory maternity pay at the time, they wanted to avoid the additional affordability assessment, income evidence… Read more
Mortgage With No Early Repayment Charges

Understanding Mortgages Without Early Repayment Charges As a homeowner or prospective buyer, navigating the world of mortgages can be complex. One aspect that often causes concern is the early repayment charge (ERC). If you’re considering paying off your mortgage early, it’s crucial to understand how ERCs work and the options available to avoid them. At… Read more
Case Study: Product Transfer for Shared Ownership Mortgage

Summary We recently helped a couple in Camberley arrange a new mortgage deal on their shared ownership property as their existing fixed rate with Barclays was coming to an end. The customers owned 50% of the property and had an outstanding mortgage balance of around £132,800. They wanted to keep the process straightforward and avoid… Read more

Category: Product Transfers