The clients were a couple looking to start a family and upsize to a larger home. They were referred by an existing client, who had arranged their mortgage through us.
After meeting with the clients to gather information and review their options, we obtained an agreement in principle for them. This enabled the couple to be clear on their budget and confidently search for a new family home. After a period of time, however, they could not find anything to fulfill all their needs. This led them to reconsider the move. After a further review, we discussed the possibility of extending their existing home; re-mortgaging to obtain the funds to do the building work.
Having decided to proceed with a remortgage, the application was completed within two months and the client obtained the additional funds to enable them to build their extension. Three years down the line their daughter starts nursery next year and the whole family is very happy in their larger home.
Resolve Financial Solutions explore all of your options with you in order to find the perfect solution to suit your needs.
*Your home may be repossessed if you do not keep up repayment on your mortgage.