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: Helping Buy-to-Let Landlords in Sandhurst

Summary We recently helped landlords in Sandhurst arrange a product transfer on their buy-to-let property as their existing fixed rate with The Mortgage Works was coming to an end. The landlords were considering selling the property within the next couple of years, so they wanted a two-year fixed rate rather than committing to a longer… 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 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 the… 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
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: Buy-to-Let Remortgage to Consolidate Debt

Summary We recently helped a landlord in Chorley remortgage their buy-to-let property to raise funds to repay significant credit card debt. The case was more complex because the customer’s income consisted mainly of maintenance payments and Universal Credit, with no trading income yet from their recently established limited company. We therefore needed to find a… Read more
Case Study: Buy-to-Let Product Transfer for Immediate Stability

Summary We recently helped a landlord in Bristol arrange a product transfer on their buy-to-let property just 10 days before the existing mortgage was due to move onto the lender’s standard variable rate. The customer had an interest-only mortgage with BM Solutions and wanted to secure a fixed rate quickly. Because of the short timeframe… 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

Tag: Product Transfer