Case Study Date: 10/04/2023
Oliver and Sophie have shared a rental for the past two years, saving up for their first home. Following a recommendation from Oliver’s parents, they contacted us promptly to determine the necessary deposit, their borrowing capacity, and other steps to take in readiness for a mortgage application.
Oliver was a little concerned about the borrowing limits because he was a shareholder in his own limited company. He was unsure how lenders would perceive his income. We took the time to provide a comprehensive explanation, ensuring he grasped the requirements well ahead of their purchase.
After visiting numerous properties in the area and analysing their pros and cons, they finally decided on a charming converted Victorian apartment on Queens Road, Tunbridge Wells. We thoroughly assessed the mortgage market, carefully considering various lenders and products to find the most suitable option for their first home.
Oliver and Sophie understood that we cover the whole mortgage market. With over 20 years of experience helping first-time buyers in Tunbridge Wells, we were ideally placed to help them with everything they needed.
Oliver and Sophie are enjoying their new home and getting stuck into lots of DIY.
As well as setting up their new 3-year fixed-rate mortgage, we also helped set up their new life insurance and income protection policies to give them peace of mind for the future.
If you want to purchase your first home in Tunbridge Wells, please contact us at info@wellsfinancial.co.uk to find out how we can help you.
We would be happy to help with any services you may require. From mortgages to financial services, our team has the experience to deliver. Please call us on 01892 517171 to discuss your needs or complete the form below and we will be in contact shortly.