The client was a full equity partner at a leading global law firm. They were seeking to purchase a new home after a lengthy search.
The client had only recently been made a full equity partner and while her current earnings were strong, she had not had sufficient time to build up a substantial deposit. The client’s post completion liquidity was also low.
In addition, the client had a number of aborted offers on properties and had taken many months to secure the right home. She needed a lender that could work efficiently to update and process her application.
The solution we were able to offer the client was an initial high LTV of 90%. The mortgage was provided on a capital and interest basis on a lifetime tracker rate for a 25-year period. The client was able to secure a Grade-II listed, three-bedroom home in Berkshire, which she loved.
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