Case Study: Remortgage in Devon for an Extension

Summary We recently helped our customers remortgage their semi-detached home in Devon, near Newton Abbot and Exeter. They wanted to raise capital, but the lender needed to be comfortable both with the amount they wished to borrow and with the property’s planned home improvements. We arranged a £360,000 remortgage with HSBC on a five-year fixed-rate… Read more
Case Study: Remortgage to Buy Out Ex-Partner in Alton

Helping Our Customer Remortgage and Remove an Ex-Partner At Kerr & Watson, we recently helped a customer in Alton, Hampshire, who needed to remortgage their home, remove an ex-partner from the mortgage, and raise enough money to buy out their share of the property. Situations like this can be challenging. Not only does the mortgage… Read more
Case Study: Farnham Remortgage After a Business Loss

Summary We recently helped our customers arrange a remortgage in Farnham to raise £175,000 from their residential property for a business purpose. Both customers were limited company directors, and the money was being raised to buy out a business partner. The main challenge was that their business had made a loss in the previous year,… Read more
Case Study: Further Advance for Home Improvements in Ascot

Summary We recently helped homeowners in Ascot raise an additional £30,000 from their property to fund home improvements. They already had an existing mortgage with HSBC and wanted to keep their current mortgage in place rather than remortgage and potentially incur early repayment charges. Their priority was to secure the additional borrowing on a five-year… Read more
Case Study: Supporting First-Time Buyers in Petersfield

Summary We recently helped first-time buyers purchase a property in Petersfield through a private sale agreed directly with owners they already knew. The customers were using a combination of personal savings and family inheritances for their deposit and wanted a 25-year mortgage term to keep repayments manageable without extending the borrowing unnecessarily. They also preferred… Read more
Case Study: Expat Buy-to-Let with a Competitive Fixed Rate

Summary We recently helped an expat client living in New York arrange a new mortgage on a buy-to-let property in London as their existing deal was approaching the end of its fixed-rate period. The property was valued at £430,000 and generated £2,182 per month in rental income, but the existing lender could not offer a… Read more
Mortgage Market News 2025

The mortgage market changed significantly during 2025 as Bank Rate gradually fell, inflation remained above target for much of the year, and lenders continued to adjust mortgage rates, affordability assessments and lending criteria. Competition increased at various points, with lenders making changes across residential, first-time buyer, self-employed, buy-to-let and more complex lending. For some borrowers,… 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
Case Study: Mortgage for Home Mover in Farnham After Divorce

Summary We recently helped a customer purchase a new home in Farnham following a divorce and the sale of their former marital home. The customer received £340,000 from the equity split and only required a £40,000 mortgage to complete the purchase of their new property. They wanted to repay the borrowing as quickly as possible,… Read more
Case Study: Helping a Young Couple Buy Their First UK Home

Summary We recently helped a young married couple who had moved to the UK in October 2023 purchase their first home in Ramsbottom, Lancashire. The main challenge was that they had only been living in the UK for around ten months, meaning they had a relatively limited UK credit history. They wanted a mortgage that… 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 Market News 2024

The mortgage market changed significantly during 2024 as inflation eased, mortgage lenders repeatedly adjusted fixed rates and lending criteria, and interest-rate expectations shifted throughout the year. Competition increased at various points across residential and buy-to-let lending. For some borrowers, changes to affordability calculations, loan-to-value limits and lender criteria were just as important as movements in… Read more

Tag: HSBC