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First-time buyer

A first home at 24, on a 5% deposit

A nurse on a single income was told by her bank she could borrow £165,000. We found a lender who would lend £212,000 on the same income.

The situation

A nurse on a single income was told by her bank she could borrow £165,000. We found a lender who would lend £212,000 on the same income.

What we did

We reviewed the full picture, identified lenders whose criteria fitted, and packaged the application so the underwriter had everything they needed on day one. We kept the solicitor and agent updated weekly until completion.

The outcome

The client completed on time, on terms better than they'd been offered elsewhere, and we'll review the deal again six months before it ends.