Case Study Date: 23/02/2024
A couple seeking mortgage advice to understand their financial position when purchasing a new home.
Rebecca and Graham purchased their first home in Tunbridge Wells six years ago. However, as their family grows, they need more space. Their three-year-old twin boys will soon be starting school, and they hope to move to an area where they can enrol their children in a primary school. They sought mortgage advice to understand their financial position when purchasing a new home.
How did Wells Financial help the couple with mortgage advice?
They contacted us to establish their borrowing capacity and what this might cost monthly. They also wanted to know more about how to pay for all the moving costs, such as stamp duty, estate agent, and solicitor, from the equity within their current home.
Ultimately, they wanted to know their maximum purchase price so that they could confidently make an offer.
Rebecca received recommendations from two of her friends, who mentioned that they have used Wells Financial many times and have always found the service excellent.
Graham contacted us through our website. Due to his work commitments, he expressed interest in using our online platform to gather the necessary information for a mortgage capacity assessment. We thoroughly discussed all available options with him, and he was delighted to find out that his budget exceeded his initial expectations.
Graham and Rebecca have now had an offer accepted on a home in the St James’s area of Tunbridge, and their mortgage has been approved. They are excited to move in soon and have a little more space for the boys.
If you’re considering moving soon and require mortgage advice, please contact us. We’ll provide you with all the information you need quickly.
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