Joint older borrowers – sole owner
Marianne, Intermediary Team Lead, had a recent case where an older couple were keen to help their son buy his first home. By providing a £250k interest only, joint borrower sole owner mortgage and using their investment portfolio to support his affordability, we helped them get him onto the property ladder.
OUR SOLUTION:
We offered a discounted mortgage with a pay rate of 2.74% for the first five years and a 0.75% product fee. This solution reflected their circumstances:
- Older borrowers
- Joint borrower sole owner
- Interest only
- Complex income
This is a recent case example, pricing is tailored to your clients’ individual circumstances.
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