Thanks again for your help. We found Which? Mortgage Advisers extremely helpful and we will recommend it for sure if the occasion arises.
Mr and Mrs Barbieri from Bristol were looking to relocate so Mr Barbieri could begin a new job in London. To move into the four bedroom house in Kent which they set their hearts on, they required a mortgage of around 65% of the property’s value.
Their plan was to use rental income from a two bedroom flat they already own in Bristol to raise the deposit they needed to purchase the new property. So they came to Which? Mortgage Advisers looking for help to find both the right moving home mortgage as well as the right buy to let deal.
We found them a two year discounted buy to let remortgage deal for the flat in Bristol, which allowed them to raise an additional £61,000 to put towards the home in Kent. This deal not only gave them the money they needed but also the flexibility to review the situation after two years.
For the residential property purchase in Kent, we helped them secure a five year fixed rate deal which met their need for stable payments. From start to finish, both mortgages were offered within a month
Thank you, we found your advice very clear and you responded to our emails quickly. We will return for further advice when the introductory rate expires and we will recommend Which? Mortgage Advisers to our friends.
Tim, 31 a Scientist, and his partner Gillian, 30, a teacher, were first time buyers looking to purchase a two bedroom flat in North London.
Unlike many first time buyers they were in the strong position of having 25% of the property’s value in savings which they could put down as a deposit.
As Tim and Gillian are both on good salaries and in full time employment, stabilising their mortgage payments was not their first priority and they wanted to look at more sophisticated ways of using their income and savings. They were also looking for a simple and straightforward application process, placing a high priority on service and the reliability of the mortgage provider.
Based on their circumstances we recommended a two year offset tracker mortgage to them and from start to finish the application took less than a month.