
90% LTV Mortgage Purchase For London Based Young Professional Couple
The Scenario
Our clients were both lawyers who had found their dream home in London.
They had excellent salaries which were on the rise but required 90% LTV on the £1.56 million residential purchase.
They wanted to keep monthly mortgage payments as low as possible because they would like to complete some improvements to the property.
The Solution
We approached a lender who remained comfortable at 90% LTV and we were able to negotiate a structure which built in an appropriate amount of interest only.
This was especially difficult as there was a movement away from 90% due to lockdown restrictions in 2020.
Based on the high loan to value (LTV) required and current risk aversion in the market if the clients had approached the lender directly the case would have been turned away.
However due to our long-standing relationship and experience in structuring this type of mortgage we were able to have the loan agreed at the full 90% LTV on an interest only basis.
Capital reductions were agreed to coincide with the client’s annual bonus payment.
As a professional, you have spent many years to reach your current point and lenders recognise this and can take your occupation into account. You may be in the early stages of your career but will have a clear income trajectory ahead of you as well as job security and stability.
We specialise in finding mortgage solutions for hard working professionals such as lawyers, doctors and accountants, and can arrange finance with lower repayments on an interest only basis but with capital reductions to match when your annual bonus comes in.
Louis Levine
Finance Executive CeMAP
Bristol
0117 457 7862
Are you looking for a similar type of property finance?
Get in touch today and find out how I can help.
George Abouzolof
Finance Broker
Bristol
0117 403 3444
Do you need help sourcing your own property finance?
I have extensive experience securing UK mortgages for expat clients. Book a free telephone consultation with me at a time to suit you
Bridging Team
Clifton Private Finance
Bristol
0117 959 5094
Are you in need of a similar type of property finance?
Book a free telephone consultation with one of our bridging specialists today and see how we can help you.
Sam Baker
Finance Broker
Cardiff
0117 959 5094
Are you looking for a similar type of property finance?
As a specialist bridging adviser at Clifton Private Finance, I can take a holistic view of your situation and find the right finance solution for you. Book a free telephone consultation with me at a time to suit you
Fergus Allen
Finance Broker
Cardiff
0117 959 5094
Are you in a similar situation? I specialise in bridging finance at Clifton Private Finance - I will find you the best funding solution for your property transaction.
Book a free telephone consultation with me at a time to suit you
Jacob Phipps
Finance Broker
Bristol
(+44) 0117 959 5094
Are you looking for a similar type of property finance?
I specialize in helping international clients source residential and investment property finance for UK property. Book a free telephone consultation with me at a time to suit you
Jack Spillane
Finance Broker
Bristol
0117 959 5094
Mathew Phillips
Senior Finance Broker
Bristol
0117 959 5094
Are you in a similar situation? I specialise in bridging finance at Clifton Private Finance - I will find you the best funding solution for your property transaction.
Book a free telephone consultation with me at a time to suit you
Alex Chambers
Senior Finance Broker
Bristol
0117 403 4324
Are you in a similar situation? I am a specialist in residential and investment property finance for UK and international clients at Clifton Private Finance. Please don't hesitate to get in touch for a no-cost discussion of the finance you need.
Book a telephone consultation at a time that suits you:
Luther Yeates
Senior Finance Broker
Bristol
0117 244 5561
Are you looking for a similar type of property finance?
I have extensive experience finding residential and investment property finance for UK and international clients. Book a free telephone consultation with me at a time to suit you.
Sam ONeill
Senior Finance Broker
Bristol
0117 959 5094
Is your situation similar?
I am a bridging finance specialist at Clifton Private Finance. I can find a quick, cost-effective solution for the funding you're looking for. Book a free telephone consultation with me at a time to suit you
Robert Gibb
Senior Finance Broker
Bristol
0117 959 5094
Are you looking for mortgage or short-term finance for residential or buy-to-let property (including HMOs)? I have extensive experience in finding property finance solutions for UK and international clients, both as individuals and limited companies. Please give me a call and let me see what I can do for you.
Book ConsultationAdam Arnott
Associate Director
Bristol
0117 205 0214