The Magic of Mortgage Research

Have you ever considered how much you could save by working with a mortgage broker? Let me share a story about a recent client who saved over £3,300 thanks to thorough mortgage research!

Meet John and Emily

John and Emily are a young couple excited about buying their first home in Swansea. With a decent income and a good credit score, they were ready for homeownership. John works as a company director, while Emily is climbing the career ladder in a national company. Together, they’ve navigated the challenges of the Covid pandemic and saved a 20% deposit for their new home. They also regularly check their credit report.

 

 

Financial Puzzle: John’s Income

John and Emily came to me after hearing positive feedback from a friend who had previously used my mortgage services. I was glad they reached out because I discovered that John’s income was somewhat complex, akin to a financial Rubik’s Cube—comprising salary, dividends, and profits. However, John had only been in business for a year, which meant we needed the help of specialised lenders who would consider his short-term business history.

Mortgage Quest

They were in search of an 80% Loan-to-Value (LTV) mortgage with a fixed rate. Having done their homework, they aimed for stability and sought the best deals, ultimately choosing a 2-year fixed-rate mortgage.

Securing the Initial Mortgage

After extensive mortgage research and numerous conversations with specialist lenders, I secured a decision in principle and submitted their mortgage application based on an initial rate of 5.64%.

 

Dreams Come True… Almost

Their mortgage offer was accepted, the property was valued, and they received a formal mortgage offer. They were over the moon with joy!

The Twist in the Tale

The mortgage world can be unpredictable, and my job was not yet finished. I knew that mortgage rates could change as many high street lenders had announced rate cuts, yet John and Emily were unaware of these changes.

 

Work with a Mortgage Broker

Working with a mortgage broker can reveal how mortgage research can make your journey to homeownership financially rewarding.

Seizing the Opportunity

That evening, I followed up with John and Emily after their workday. I informed them that their lender had reduced rates, allowing us to switch to a new, more advantageous rate. They eagerly agreed, and I returned to the same lender, armed with my diligent mortgage research. Within days, I secured a revised 2-year fixed mortgage rate of 4.89%!

 

Counting the Savings

The result? A staggering saving of more than £3,300 in the first two years of their mortgage! John and Emily’s dream home became even more attainable.

 

Gratitude and Recommendations

Thrilled with their savings, John and Emily expressed their gratitude for finding them a fantastic deal. They promised to recommend my services to friends and family seeking mortgage advice.

My Commitment to You

I am dedicated to helping individuals like John and Emily achieve their homeownership dreams. If you’re ready to start your financial journey, please contact me today!

This tale illustrates the importance of careful mortgage research.

 

Conclusion

Mortgage research is crucial for anyone seeking a mortgage. As an independent mortgage broker

I can access over 170 lenders to find the best deals, saving you time and money.

Consider working with a specialist who can unlock better mortgage deals tailored to your unique situation, whether you’re exploring remortgages or need a quick decision in principle.

I can quickly compare thousands of mortgages from a wide range of lenders, delivering results fast and helping you secure better rates.

If you found this blog helpful, please share it with friends and family who might benefit from this information. Connect with me on social media for insights and updates on the mortgage market. Stay informed!

 

🏠 Smart decisions lead to successful mortgages! 🏠

 

For further information on Mortgage Advice:

☎️ Call: 01267 887434 or 07508 147884

📩 Email: lyndsey@westwalesmoney.co.uk 

 

#RemortgageSuccess #FinancialFreedom #MortgageResearch #MortgageMagic #DreamHomeSavings