We recently supported a couple through a highly complex mortgage application. Partner A had multiple income streams, including permanent employment, contracting (with recent contracts significantly above previously declared income), and rental income, while Partner B held two medical roles, one of which had only just begun. Most lenders typically require 12 months in a second role, posing an initial challenge.
Additionally, Partner B had a default registered by British Gas for a previous property, despite having moved out prior to the charges. We guided him through the appeals process, and the default was successfully removed from his credit file.
Thanks to our thorough approach, we secured a £1.05 million loan through Clydesdale in August. We also negotiated for the couple to lock in a more favourable rate from June, saving them £320 per month, or £19,200 over the next five years.
