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At Trinity Financial we provide a quick, consistent and quality service ensuring that we always find the best mortgage to suit you.

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Residential Mortgages

Trinity has a wealth of experience in arranging finance for both property purchases and re-mortgages. We have access to over 40 of the leading mortgage lenders and, also, the mortgages being offered by smaller building societies and the best private banks.

Buy-to-let Mortgages

Buy-to-let property investments can offer regular rental income or even act as an alternative to a pension annuity. Trinity has access to lenders providing impressive rates and generous rental calculations enabling them to offer more generous loan sizes. 

We also offer:

  • First-time buyer mortgages
  • Mortgages over £500,000
  • Interest-only mortgages
  • Mortgages for Professionals
  • Second home and holiday let mortgages
  • Buy-to-let portfolio reviews
  • Investment banker mortgages
  • Private bank mortgages

Bridging loans and development finance:

Trinity Specialist Finance, our sister company, has access to a wide range of bridging, commercial, and development finance funding options. The firm works with lenders offering competitive rates, as well as a number of exclusive deals, in all these areas.

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Mortgage News, Press & Case Studies
Mortgage News
Press Commentary
Case Studies

Bank of Scotland, Halifax and Lloyds to close 176 branches in 2024/25

14th Mar 2024 • By Aaron Strutt

Lloyds Banking Group will close at least 176 of its branches over the next two years after announcing another 53 closures this week.

In the latest announcement, Lloyds is closing 21 branches, Halifax is closing 22 sites, and Bank of Scotland will close 10.

In February, Lloyds Banking Group said it was axing about 1,600 jobs across its branch network as it shifts away from in-person banking and towards online and mobile banking. Lloyds Banking Group currently has 1,154 branches left.

As technology advances, the number of borrowers who prefer to do their banking in a branch has reduced. However, the drive to streamline services and reduce costs is undoubtedly a factor. Many banks and building societies have also removed their branch-based mortgage advisers. 

How are people getting mortgages? 

Many borrowers now go online to secure a mortgage, whether via a broker or directly to the lender. The issue is many people have complex financial situations, and they need advice to secure a mortgage and the most competitively priced and suitable rates. 

How many mortgages go through brokers? 

According to Mortgage Strategy magazine, in 2014 brokers held only a 61.9% share of mortgage distribution, up from a low of 47% in 2012.

The Intermediary Mortgage Lenders Association predicts that 90% of all mortgage business will be conducted through brokers this year.

Banks and building societies have set up large departments to process applications submitted via brokers like Trinity Financial. They also have teams of business development to help make the process of applying for a mortgage easier and agree to cases that may be outside standing lending policy. 

Face-to-face mortgage appointments

Trinity Financial's brokers are available for face-to-face mortgage appointments in our Angel or St James's offices. Many of our clients call us to secure their mortgage, although some prefer a meeting.

Call Trinity Financial on 020 7267 9399 to secure a mortgage, book a consultation, or complete our mortgage questionnaire. 

The information contained within was correct at the time of publication but is subject to change.

Your mortgage is secured on your property. Your property may be repossessed if you do not keep up repayments on your mortgage

Moneyfacts: Mortgage product choice at its highest level since March 2008

13th Mar 2024 • By Aaron Strutt

Mortgage product choice is at its highest level since March 2008 according to the latest Moneyfacts Trends Treasury Report. 

The report highlights that product choice has risen to 6,004 mortgage options, its highest level since March 2008, when there were 6,192 rate options. The availability of deals for those with a 10% deposit has also increased to its highest point in four years, when there were 779 rates in March 2020.

While there are more mortgages available the average shelf-life of a product has reduced to 15 days as the lenders continue to change their mortgages. According to Moneyfacts, the 15-day shelf-life is down from 28 days at the start of February 2024. The lowest figure on record was 12 days in July 2023.

Aaron Strutt, product director at Trinity Financial, says, “Rates have generally been going up in recent weeks, but there are still some competitively priced deals available. Halifax is the latest lender to raise its rates again.

"If you are purchasing a property or due to remortgage, the trick is to decide if you want a two, three, or five-year fix and secure a rate. You can always try to swap deals as and when cheaper ones are available. Many banks and building societies are still withdrawing their rates and are not giving much time for applications to be submitted.”

Average mortgage rates

Average mortgage rates on the overall two- and five-year fixed rate deals rose, breaking six months of consecutive cuts.

The overall average two- and five-year fixed rates rose between the start of February and the start of March to 5.76% and 5.34%, respectively. The average two-year fixed rate stands 0.42% higher than the five-year equivalent.

The average ‘revert to’ rate or standard variable rate rose slightly by 0.01%, to 8.18%, just shy of the highest recorded of 8.19% during November and December 2023.

Source: Moneyfacts.co.uk

Call Trinity Financial on 020 7267 9399 to secure a mortgage, book a consultation, or complete our mortgage questionnaire. 

The information contained within was correct at the time of publication but is subject to change.

Your mortgage is secured on your property. Your property may be repossessed if you do not keep up repayments on your mortgage

Securing a rate makes sense with big banks like NatWest, Santander and Halifax pushing up their mortgage rates again

11th Mar 2024 • By Aaron Strutt

A selection of banks have kicked off the week by making a selection of price increases.

NatWest, Santander Halifax, and The Co-operative Bank have increased mortgage prices today, while GenH has just announced rate cuts of up to 0.25%. This contrasts the increases announced over the last few days by larger high-street lenders.

NatWest is likely to raise rates by 0.10%, while Santander is raising selected standard residential fixed rates by between 0.06% and 0.43% for purchases and remortgages. Halifax will announce its rate changes tomorrow, while The Co-operative Bank has pushed up some deals by 0.22% for new customers and 0.72% for existing borrowers.

The cost of funding has increased over the last few weeks, so lenders have been gradually raising their rates. Some more prominent lenders have told us these rate increases are a blip, while others have said these rates are the new norm.

Aaron Strutt, product director at Trinity Financial, says: "If your mortgage is coming to an end soon, it really isn’t worth hanging on to see if prices come down. It makes sense to secure a rate and swap it when rates get cheaper.

"Fixed rates are still reasonably priced, but they are edging up. The cheapest two-year fixes are now priced at around 4.5%, and the most competitively priced five-year deals start from 4.20%.   

Santander, NatWest and Halifax have been offering some of the most competitively priced rates, so their price increases will put pressure on their competitors. This means we may well see a few more rate hikes soon, given the movement so far this week."

Call Trinity Financial on 020 7267 9399 to secure a mortgage, book a consultation, or complete our mortgage questionnaire. 

The information contained within was correct at the time of publication but is subject to change.

Your mortgage is secured on your property. Your property may be repossessed if you do not keep up repayments on your mortgage

Trinity win Top Mortgage Firm award at PRIMIS event

8th Mar 2024 • By Aaron Strutt

Trinity Financial won the Top Mortgage Firm award at the Primis mortgage awards last week. 

Primis is part of the LSL Group, which authorises 1,200+ firms to arrange mortgages and income/life protection policies.

Trinity has been part of the Primis network for 14 years, and our directors, Scott Rochester and Anthony Emmerson, collected the award (pictured in the middle above).

The event was held at Wembley on Thursday 7th March.

wembly-2

In addition to winning the mortgage award, our insurance protection specialists Danny David and Conor Coleman also won a Hero Award. Danny set up a critical illness policy while Conor helped our clients claim against it.

Following Conor's annual protection review, he found out about a family illness our clients were dealing with. As a result, they secured a cash payout even though our clients didn't know they qualified for one.

 

Call Trinity Financial on 020 7267 9399 to secure a mortgage, book a consultation, or complete our mortgage questionnaire. 

The information contained within was correct at the time of publication but is subject to change.

Your mortgage is secured on your property. Your property may be repossessed if you do not keep up repayments on your mortgage 

Spring Budget: Stamp duty and holiday let tax breaks abolished

5th Mar 2024 • By Aaron Strutt

The Spring Budget 2024 policy paper starts off by saying the last few years have been tough for the UK economy, which has faced unprecedented shocks from the legacy of the COVID-19 pandemic, an energy price spike driven by Putin’s illegal invasion of Ukraine, and globally high inflation.

During Chancellor Jeremy Hunt’s budget speech, he included workers' National Insurance cuts of another 2p in the Budget, meaning it falls from 10% to 8%. New official forecasts on the BBC say the government will collect 37.1p of every pound generated in the economy in 2028/29—the highest level in 80 years.

He increased the child benefit threshold from £50,000 to £60,000 and also announced a six-month extension to the Household Support Fund and a freeze on alcohol and fuel duty.

Mortgage Solutions magazine highlights: "Not announced in the speech but published in the Spring Budget report were stamp duty changes for registered landlords, public bodies and nominee purchasers. From 6 May, nominee purchasers will be eligible for first-time buyers’ stamp duty relief when buying a leasehold property through a nominee or bare trustee in England and Northern Ireland."

Mr Hunt increased the VAT threshold for small businesses to £90,000, and announced new taxes on vapes and higher taxes for business class flights. Mr Hunt also announced he is "abolishing" the "non-dom" tax system, but new arrivals to the UK will still not pay taxes on foreign income for four years.

Labour leader Sir Keir Starmer said rents were up 10 per cent and mortgage repayments up an extra £240 a month for a typical family remortgaging this year. He added the Conservative party is unable to generate the growth people need, and “people are being asked to pay more for less and less.”

Pledge to build more homes 

The Intermediary magazine reports that Chancellor Jeremy Hunt has remained firm on the Conservative Government’s pledge to deliver over one million homes during the current Parliament.

Vowing to level up opportunities across the generations, Hunt said that the current Government was committed to “building houses for more young people.”

According to Mr Hunt, last week the Levelling Up Secretary allocated over £188m to support projects in Sheffield, Blackpool and Liverpool. Building upon this, the Chancellor announced the allocation of £242m of investments in Barking and Canary Wharf, which will build over 8,000 new houses, and “transform Canary Wharf into a new hub.”

The Chancellor also launched a new £20m community-led housing scheme, supporting local communities to deliver the development they “want and need.”

Inflation expected to dip below 2% ‘in next few months’

Inflation is set to fall below 2% in the next few months, according to the latest forecast from the Office for Budget and Responsibility. In his Budget speech today (6 March), Chancellor Jeremy Hunt said this was “nearly a year ahead” of what was previously forecast in the Autumn Statement.

Budget announcements for the property market

Short-term holiday lets: The government will abolish the Furnished Holiday Lettings tax regime, removing the current incentive for landlords to offer short-term holiday lets rather than longer-term homes.

This will “level the playing field between short-term and long-term lets” and support people to live in their local area. These tax changes will take effect from April 2025, and draft legislation will be published in due course.

Capital Gains Tax (CGT) changes: The government will implement a change to CGT to support the housing market. The higher rate of CGT for residential property disposals will be cut from 28% to 24%.

The lower rate will remain at 18% for any gains that fall within an individual’s basic rate band. The government's budget policy paper adds: “This will encourage landlords and second home-owners to sell their properties, making more available for a variety of buyers, including those looking to get on the housing ladder for the first time, while also raising revenue over the forecast period.”

Private Residence Relief will remain in place, meaning the vast majority of residential property disposals will pay no CGT.

Click here to read the full budget report on Gov.uk.  

Call Trinity Financial on 020 7267 9399 to secure a mortgage, book a consultation, or complete our mortgage questionnaire. 

The information contained within was correct at the time of publication but is subject to change.

Your mortgage is secured on your property. Your property may be repossessed if you do not keep up repayments on your mortgage 

Which lenders are offering the most competitively priced mortgages?

2nd Mar 2024 • By Aaron Strutt

Two-year fixed mortgages are available from around 4.45% and five-year fixes from around 4.15% despite the increase in pricing over the last few weeks. 

Barclays for Intermediaries, HSBC and Santander for Intermediaries are three lenders offering some of the most competitively priced mortgages.

Halifax was the largest bank to increase its mortgage rates this week. It pushed up its first-time buyer, large loan and newly built home, two and five-year fixes by up to 0.18% while raising some of its remortgage rates by up to 0.29%.

TSB increased some of its three-year fixed mortgages by up to 0.15%, and Nationwide Building Society raised its new business and existing customer rates by up to 0.15%.

Aaron Strutt, product director at Trinity Financial, says: "The mortgage market moves surprisingly quickly and the lenders are regularly changing their rates. 

"If you are buying a property, it pays to assess the market to ensure you get the most competitively priced deal. There have been a lot of changes recently. 

"If you are remortgageing, it is worth securing a rate rather than holding off to see what happens to the Bank of England base rate and the cost of borrowing."

Switch to a lender's new deal if its rates come down

Once you secure a mortgage, it is typically possible to switch to another rate if the bank or building society you have a mortgage offer with reduces its prices. If a rival lender offers a much better deal and you qualify,  Trinity Financial's brokers can always help you secure the new deal.

Nationwide lowers deposit requirement for like-for-like remortgages

Nationwide Building Society has increased its like-for-like remortgage maximum borrowing limit up to 95% loan-to-value.

Mortgage lenders offer different income multiples. For example, some banks and building societies may lend a borrower four times their salary and others 5.5 times their salary.

Nationwide is offering remortgaging customers income multiples of up to 6.5x times their salary to help people switch to the building society and potentially secure a cheaper rate.

Applicants must be switching to the lender and cannot borrow more money than their current mortgage balance.

Call Trinity Financial on 020 7267 9399 to secure a mortgage, book a consultation, or complete our mortgage questionnaire. 

The information contained within was correct at the time of publication but is subject to change.

Your mortgage is secured on your property. Your property may be repossessed if you do not keep up repayments on your mortgage

BBC News - New mortgage deals being pulled within days

17th Mar 2024 • By Aaron Strutt

Mortgage deals are typically on offer for just 15 days before being pulled, despite homeowners and buyers having the widest choice for 16 years.

This is the shortest shelf-life in six months, according to financial information service Moneyfacts.

Product and communications director Aaron Strutt, from Trinity Financial, told the BBC some calmness had returned, but the average interest rate had been going back up.

"It is good news that borrowers have so many [mortgage deals] to choose from again. The only shame is that they are so much more expensive than they were," he said.

Click here to read the full story £

BBC News: HSBC, NatWest and Virgin Money changing interest rates

22nd Feb 2024 • By Aaron Strutt

More mortgage providers will increase their rates on new fixed deals on Friday following a series of changes since the start of the year.

January saw lenders cutting their rates sharply, bringing some relief to 1.6 million people set to remortgage this year.

"HSBC's best buy deals were never going last long once Santander pushed up its fixed rates," said Aaron Strutt, of mortgage broker Trinity Financial.

"While they have gone up, [deals] are still reasonably priced. Some lenders now offer two-year fixed-rates priced around 4.4% and five-year fixes priced around 4.2%.

"Lenders have had a busy start to the year and the property market has really picked up. These rate hikes may well start to knock the property sector again if they continue."

Click here to read the full story 

The Sunday Times - ‘I’m a first-time buyer — and I bought my house from my landlord’

4th Feb 2024 • By Aaron Strutt

People keen to escape rising rents may find that a cheeky offer made to a buy-to-let owner may be more than welcome, says George Nixon.
Tony Phipps had been a happy tenant of a two-bedroom house in Norwich for two years when he suddenly learnt that his landlord was getting ready to sell it.
 

Aaron Strutt from the mortgage broker Trinity Financial told The Sunday Times: “Landlords may like the thought of selling to their tenant as the easy option, you don’t need to give notice or make them move out.”

Click here to read the full story £

The Times - UK banks offer better mortgage rates to new buyers than to those remortgaging

29th Jan 2024 • By Aaron Strutt

The Times reports banks are offering homebuyers mortgage rates up to 0.72 percentage points lower than those available to people whose existing deals are ending as they fight for business and try to boost the property market.

Aaron Strutt, from the mortgage ­broker Trinity Financial, told The Times: “There is no shortage of people looking to ­remortgage but there has been a lack of purchase activity. By offering lower rates, banks hope to boost the purchase sector.”

Bank mortgage lending fell 28 per cent last year to £226 billion, the trade association UK Finance said, and it ­expects a further 5 per cent fall this year because of shrinking affordability caused by higher rates.

Strutt said: “Cheaper mortgage rates have created more interest even though we are barely a month into the new year.”

Click here to read the full story £

The i - Why I’m paying £17,000 to get out of my fixed mortgage

29th Jan 2024 • By Aaron Strutt

The i reports: Last summer, Alex Eyre’s mortgage shot up by £500 per month after his fixed deal came to an end.
 

At the time, he decided the best option was to accept it. But now he is thinking about breaking the deal – even though it would cost him £17,000 to do so.

Is it worth paying an exit charge to leave your fixed mortgage?

If you’re locked into a mortgage deal and believe there could be better options out there, then taking an early repayment charge (ERC) can be one option.

Whether it’s a good choice depends on your exact circumstances.

Aaron Strutt of brokers Trinity Financial said: “There are a lot of people in Alex’s situation. The timing of his remortgage was very unfortunate. Rates have clearly come down, but borrowers are worried about remortgaging because of high exit fees.

“If you are taking a five-year fix, it is well worth choosing a lender that offers lower early repayment charges on its longer-term fixes. Some lenders have much higher exit fees than others.

“Rates are still likely to come down so it may well be worth Alex holding off to see what happens to rates before paying the £17,000 early repayment charge. If he wanted to secure a remortgage deal, he could apply for one now and then hold off taking it until he can bring himself to pay the exit fees. Many economists predict base rate will come down at least twice this year, which should lead to cheaper mortgages.”

Click here to read the full story £

The Sunday Times - Should you use a mortgage broker? Here are the do’s and don’ts

28th Jan 2024 • By Aaron Strutt

The Sunday Times last year 90 per cent of first-time buyers used a broker, and 84 per cent of homeowners remortgaging. This is up from 54 and 45 per cent respectively in 2012, according to UK Finance, a banking industry representative.

Aaron Strutt from the broker Trinity Financial said: “With banks and building societies almost constantly lowering their rates, a good broker will ensure that you have the lender’s lowest deal before completion.”

Trinity Financial said it can tell customers about deals available to non-brokers but cannot submit applications for the deals on behalf of clients. A broker claiming to be considering the whole of the market but not looking at direct deals is obliged to make this clear.

Click here to read the full story £

£1.4 million mortgage for couple receiving large bonuses moving up the property ladder

30th Nov 2023 • By Aaron Strutt

What was the situation?

Our clients initially contacted Trinity Financial, keen to speak to a specialist broker providing expert large mortgage loan advice.

The investment banker and his solicitor partner had found a large home in London to purchase and were moving up the property ladder. 

The house they were buying was worth £2.1 million, and they needed a mortgage of £1.5 million.

What was the issue?

While our clients were higher earners, they had an existing property they were keeping as a second home, and they required a fast mortgage offer. 

As they received bonuses, they were keen to secure a shorter-term mortgage where they could make overpayments. Most lenders offer their lowest rates to borrowers taking five-year fixes.

Trinity Financial has years of experience with this type of enquiry and knows precisely what lenders are the best to approach for more generous affordability calculations. We knew we’d be able to help!

What was the process?

After understanding their requirements and assessing the most suitable mortgage lenders, our broker found a large mortgage loan from a bank with a competitively priced two-year rate. This rate was not much more expensive than many of the five-year fixes.

The lender took the proposed second home into consideration for mortgage affordability and accepted bonus income while offering income multiples up to 5.5 times the salary for higher earners. 

What was the solution and mortgage rate?

The lender that had just lowered its two-year fixed rate priced just over 5%, and it offered the full £1.5 million. The mortgage offer was produced within five days on full capital repayment over a 25-year term.

This fixed period meant the clients had a very cost-effective way of financing the property for the foreseeable future. Like many borrowers, they thought rates were going to come down and wanted to assess their mortgage again in two years.

They could also make 10% overpayments each year without charge enabling them to make lump sum overpayments. 

Lending solutions with Trinity Financial

Are you looking for a larger mortgage loan and expert advice? We’re here to help you find a solution – no matter how complex your circumstances. At Trinity Financial, our expert brokers have extensive experience providing creative solutions to secure mortgages for our clients.

We work closely with our trusted network of private banks and high street and specialist lenders to arrange bespoke mortgages to suit your circumstances. 

Call Trinity Financial on 020 7267 9399 to secure a mortgage or book a consultation 

The information contained within was correct at the time of publication but is subject to change.

Your mortgage is secured on your property. Your property may be repossessed if you do not keep up repayments on your mortgage  

£1.5 million interest-only mortgage for higher earners with expensive child care costs and car loan

28th Nov 2023 • By Aaron Strutt

What was the situation?

Our clients initally contacted Trinity Financial keen to speak to a specialist broker providing expert large mortgage loan advice.

The investment banker and his marketing director partner were selling their family home and had found a new property in south-west London to buy. 

The house was worth £3.5 million, and they needed a mortgage of £1.5 million.

What was the issue?

While our clients were higher earners and had a large deposit, they paid around £2,750 monthly for their nanny and approximately £500 for a car loan. These monthly commitments significantly impacted their mortgage affordability and the amount they could borrow, and they limit the amount borrowers can have on interest-only. 

As they received bonuses, they were keen to secure a shorter-term mortgage where they could make overpayments, and they wanted the whole loan on interest-only. Most lenders offer their lowest rates to borrowers taking five-year fixes.

Trinity Financial has years of experience with this type of enquiry and knows exactly what lenders are the best to approach for more generous affordability calculations. We knew we’d be able to help!

What was the process?

After understanding their requirements and assessing the most suitable mortgage lenders, our broker was able to present a large mortgage loan from a bank with a competitively priced two-year rate. This rate was not much more expensive than many of the five-year fixes.

Even though our clients were higher earners, their monthly credit commitments meant their maximum borrowing was reduced by around £300,000. 

What was the solution and mortgage rate?

Trinty's broker found a lender that had just lowered its two-year fixed rate priced just below 4.8%, providing the full £1.5 million. The whole mortgage was on interest-only over a 25-year term.

This fixed period meant the clients had a very cost-effective way of financing the property for the foreseeable future. They were also free to switch to another fixed rate in the shorter term as they thought rates would come down. They could also make 10% overpayments each year without charge. 

Lending solutions with Trinity Financial

Are you looking for a larger mortgage loan and expert advice? We’re here to help you find a solution – no matter how complex your circumstances. At Trinity Financial, our expert brokers have extensive experience providing creative solutions to secure mortgages for our clients.

We work closely with our trusted network of private banks and high street and specialist lenders to arrange bespoke mortgages to suit your circumstances. 

Call Trinity Financial on 020 7267 9399 to secure a mortgage or book a consultation 

The information contained within was correct at the time of publication but is subject to change.

Your mortgage is secured on your property. Your property may be repossessed if you do not keep up repayments on your mortgage  

£900,000 offset remortgage for client making lump sum deposit to reduce interest costs

23rd Nov 2023 • By

What was the situation?

One of Trinity Financial’s existing clients asked for help producing mortgage illustrations to determine whether it made sense to take an offset mortgage.

She was selling a property and was due to receive a lump sum. She asked our mortgage adviser to produce a range of costings she could provide to help her financial adviser.

The house she was remortgaging was worth £2 million and needed a like-for-like remortgage of £850,000.

What was the issue?

While many people take offset mortgages, selecting them generally only makes sense if you have sufficient funds to put in the offset account.

Our client was with a large bank that did not offer existing or new customers offset mortgages. Fewer offset mortgages are available, particularly with Scottish Widows exiting the offset mortgage market.

Trinity Financial has years of experience with this type of enquiry and knows precisely what lenders offer offset mortgages with the more generous affordability calculations. We knew we’d be able to help!

What was the process?

After understanding their requirements, assessing the most suitable mortgage lenders, and running the sums with her financial adviser based on the time period it would take to sell the property, Trinity’s broker got the go-ahead to secure an offset fixed-rate through a large building society.

What was the solution and mortgage rate?

Just after our broker got the mortgage offer, the fixed rate was reduced from 6.2% to 6%, so he switched products and got a new updated offer.

The mortgage offer was produced in two weeks and had a 25-year term.

Lending solutions with Trinity Financial

Are you looking for a larger mortgage loan and expert advice? We’re here to help you find a solution – no matter how complex your circumstances. At Trinity Financial, our expert brokers have extensive experience providing creative solutions to secure mortgages for our clients.

We work closely with our trusted network of private banks and high street and specialist lenders to arrange bespoke mortgages to suit your circumstances. 

Call Trinity Financial on 020 7267 9399 to secure a mortgage or book a consultation 

The information contained within was correct at the time of publication but is subject to change.

Your mortgage is secured on your property. Your property may be repossessed if you do not keep up repayments on your mortgage  

£740,000 mortgage for couple buying new build property in Oxfordshire

19th Nov 2023 • By Aaron Strutt

What was the situation?

Our clients initially contacted us for expert new-build property mortgage advice.

The couple had found a new build house to purchase through a property developer in Oxfordshire and needed a mortgage. They wanted a flexible tracker rate so they could make lump sum overpayments and potentially switch to a fixed mortgage in the future.  

They had agreed a purchase price of £925,000, and they needed a specific new build mortgage of £750,000.

What was the issue?

The couple worked as sales directors and regularly received bonuses. The plot as the property had not been built yet.

They were keen to secure a shorter-term mortgage where they could make overpayments. They also wanted a lender willing to extend the mortgage offer if the property was not ready on time.

Trinity Financial has years of experience with this type of enquiry and knows what lenders offer mortgages without early repayment charges and flexible options.

What was the process?

After understanding their requirements and assessing the most suitable mortgages, Trinity's broker requested a list of documents from his clients. Once the forms were received, the application was submitted to a large building society with an excellent new-build property policy.

What was the solution and mortgage rate?

Trinity's broker found a lender offering a two-year tracker rate priced around 0.4% over the Bank of England base rate, providing the full £750,000. The whole mortgage was on capital repayment over a 25-year term.

This fixed period meant the clients had a very cost-effective way of financing the property for the foreseeable future. They were also free to switch to another fixed rate in the shorter term as they thought rates would come down. They could also make 10% overpayments each year without charge. 

Mortgage offers are valid for 180 days with the lender, although if there is a delay in the building of new build properties, the completion time may be extended by another 45 days.

New build mortgage lending solutions with Trinity Financial

Are you looking to property a property that has not been built yet and requires expert advice? We’re here to help you find a solution – no matter how complex your circumstances. At Trinity Financial, our expert brokers have extensive experience providing creative solutions to secure mortgages for our clients.

We work closely with our trusted network of private banks and high street and specialist lenders to arrange bespoke mortgages to suit your circumstances. 

Call Trinity Financial on 020 7267 9399 to secure a mortgage or book a consultation 

The information contained within was correct at the time of publication but is subject to change.

Your mortgage is secured on your property. Your property may be repossessed if you do not keep up repayments on your mortgage  

Limited company buy-to-let mortgage for landlord purchasing flat in a block where he already owns a property

17th Nov 2023 • By Aaron Strutt

What was the situation?

Our client contacted Trinity Financial in search of a specialist broker providing expert buy-to-let mortgage advice.

He had found a flat to buy but already owned a property in the same building. He had a long-term goal of buying up the individual flats so that he could own the whole building one day.

The flat was worth £459,000, and the client wanted a mortgage of £294,000.

What was the issue?

The client had previously used mortgage brokers on other transactions, but when they approached their most recent broker, they didn’t know the best way to structure the purchase.

Trinity Financial has years of experience with this type of enquiry and knows exactly what lenders are best approach. We knew we’d be able to help!

What was the process?

After understanding their requirements, our broker was able to present a buy-to-let mortgage product for both personal and limited company/special purpose vehicle (SPV) options within a short period. 

By knowing which lenders to approach for product comprehensiveness and client circumstances, we were able to move quickly during the problematic period when the rental coverage stress test was making buy-to-let acquisitions even more challenging. The lender we placed the case with allowed us to use the client surplus income to top slice, ensuring we got the maximum loan required.

We liaised with the lender swiftly to provide the required documentation, ensuring the mortgage offer was issued as quickly as possible. It took nine working days between submission and the formal mortgage offer being issued.

What was the solution?

The end result was that we secured the client with the full £294,000 of lending they needed to achieve their goal.

A loan of £294,000 was achieved, equating to 63% loan-to-value at a competitive rate of around 6.20% fixed for five years. This fixed period meant the clients had a very cost-effective way of financing the property for the foreseeable future.

Lending solutions with Trinity Financial

Are you looking to purchase or refinance a buy-to-let property and need some advice? We’re here to help you find a solution – no matter how complex your circumstances. At Trinity Financial, our expert brokers have extensive experience providing creative solutions to secure mortgages for our clients.

We work closely with our trusted network of private banks and high street and specialist lenders to arrange bespoke mortgages to suit your circumstances at competitive and market-leading rates. 

Call Trinity Financial on 020 7267 9399 to secure a mortgage or book a consultation 

The information contained within was correct at the time of publication but is subject to change.

Your mortgage is secured on your property. Your property may be repossessed if you do not keep up repayments on your mortgage  

Contract reassignment mortgage secured for couple buying new build flat in London

10th Oct 2023 • By

Trinity Financial recently arranged a contract reassignment mortgage for a couple buying a newly built flat in London. 

The first-time buyers found a two-bedroom property in a fantastic location and agreed to a £650,000 purchase price. The issue was they needed to complete the transaction within a month. 

Did they have a complex situation?

While our clients had good jobs and relatively straightforward incomes, they were unsure which lenders would offer the most competitively priced terms and a fast enough mortgage offer.

Not many of the mainstream lenders offer contract reassignment mortgages, and at the time of the application, rates fluctuated.

How did Trinity Financial help? 

Trinity Financial's adviser told his clients they would need a good solicitor to complete the purchase within a month. He knew which bank to approach as it often accepted applications for new build properties and had a reputation for producing fast mortgage offers.

During the purchase, the seller threatened to issue notice a few times because of delays caused by the CML new build incentives form not being issued to our client.

Trinity Financial's administration team went above and beyond to ensure all parties communicated properly. They constantly had issues with the developer, seller and solicitors not communicating correctly.

What was the mortgage rate?  

One large bank produced the mortgage offer within 20 days. The rate was fixed at around 5.15% for five years. Once the mortgage offer was produced, the bank lowered its mortgage rates, and our broker swapped their deal to a new product which was 0.19% cheaper. 

Call Trinity Financial on 020 7267 9399 to secure a mortgage or book a consultation 

The information contained within was correct at the time of publication but is subject to change.

Your mortgage is secured on your property. Your property may be repossessed if you do not keep up repayments on your mortgage  

Get in touch

To arrange a meeting with one of our expert mortgage advisers complete our enquiry form or mortgage questionnaire and we will call you back. Please note, by submitting this information you have given your agreement to receive verbal contact from us to discuss your mortgage requirements.

You voluntarily choose to provide personal details to us when submitting an enquiry. Your information is confidential and held in accordance with the appropriate data protection requirements. Read Trinity Financial's privacy policy.

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Our list of Mortgage Lenders

Trinity Financial works with a broad range of lenders across the UK.

We offer a comprehensive range of first charge mortgages from across the market. Details of our lender panels are outlined below:

  • Accord Mortgages
  • Aldermore Mortgages
  • Ahli United
  • Bank of Ireland UK
  • Bank of Ireland "Bespoke"
  • Barclays
  • Barclays Wealth
  • Bank of China
  • Bluestone Mortgages
  • Beverley Building Society
  • BM Solutions
  • Buckinghamshire Building Society
  • Cambridge 
  • Chorley Building Society
  • Clydesdale Bank
  • Coutts
  • Coventry / Godiva Mortgages
  • Darlington Building Society
  • Digital Mortgages by Atom Bank
  • Dudley Building Society
  • Fleet Mortgages
  • Family Building Society
  • First Trust
  • Foundation Home Loans
  • Furness Building Society
  • Generation Home
  • Halifax Intermediaries
  • Hanley Economic Building Society
  • Handelsbanken 
  • Harpenden Building Society
  • Hinckley & Rugby Building Society
  • Hodge Lifetime
  • HSBC for Intermediaries
  • Interbay
  • Kensington
  • Kent Reliance Building Society
  • Keystone
  • Landbay
  • Leeds Building Society
  • Leek Building Society
  • Manchester Building Society
  • Mansfield Building Society
  • Market Harborough Building Society
  • Marsden Building Society
  • Monmouthshire Building Society
  • Melton Building Society
  • Metro Bank
  • MPowered
  • Nationwide For Intermediaries
  • NatWest Intermediary Solutions
  • Newbury Building Society
  • Newcastle Intermediary Services
  • The Nottingham
  • The Mortgage Works
  • TSB for Intermediaires
  • Paragon
  • Pepper Homeloans
  • Penrith Building Society
  • Platform for Intermediaries
  • Precise Mortgages
  • Progressive Building Society
  • Principality Building Society
  • Quantum Mortgages
  • Santander for Intermediaries
  • Saffron Building Society
  • Scottish Widows Bank
  • Scottish Building Society
  • Shawbrook Bank
  • Skipton for Intermediaries
  • Skipton for International
  • Stafford Railway Building Society
  • Suffolk Building Society
  • Swansea Building Society
  • Tandem Specialist Mortgages
  • Teachers Building Society
  • The Mortgage Lender
  • The Mortgage Works
  • Tipton & Coseley Building Society
  • Together 
  • TSB Bank plc
  • United Trust Bank
  • Virgin Money for Intermediaries
  • The West Brom
  • Zephyr

Trinity Financial has access to a wide range of private banks providing £1million+ mortgages, including:

  • Arbuthnot Latham
  • Bank of Canada
  • Barclays
  • Butterfield
  • Coutts
  • EFG 
  • HSBC Private Bank
  • Investec
  • Klienworth Hambros
  • Santander

Equity release lenders

  • Aviva
  • Canada Life
  • Hodge
  • Just 
  • Legal and General
  • LVE
  • more2life
  • OneFamily
  • Pure Retirement

Specialist partners 

  • Buildloan 
  • TBMC
  • IMPACT Specialist Finance
  • Lowry Capital
  • Affirmative
  • Optimum ELITE

We do not currently have access to:

  • Chelsea Building Society
  • First Direct
  • M&S Bank
  • Yorkshire Building Society
  • Yorkshire Bank
  • RBS
  • Lloyds

Book a Consultation

Our expert brokers have a wealth of experience working with all types of clients, whether they live in the UK or internationally.

Navigating the mortgage market is now more complex than ever. However, Trinity simplifies the process and removes the stress out of arranging finance.

As part of our bespoke mortgage service:

  • Trinity makes securing a mortgage as smooth and straight forward as possible;
  • Trinity researches the best lender and mortgage rates;
  • Trinity explains the mortgage options available;
  • Trinity updates applicants on the progress of their mortgage application at each stage.

To find out more about our services and how we can help you to secure a mortgage, call us on 020 7016 0790, book a consultation using the form below or complete our mortgage questionnaireOur expert brokers will be happy to assist.

Get started today

At Trinity Financial we provide a quick, consistent and quality service ensuring that we always find the best mortgage to suit you.

You voluntarily choose to provide personal details to us when submitting an enquiry. Your information is confidential and held in accordance with the appropriate data protection requirements. Click here to read Trinity Financial's privacy policy.

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Mortgage Questionnaire

Personal Details

Applicant 1
Applicant 2
First Name *
+ Add Applicant
Last Name *
Next Age or Date of Birth *
Current Address *
Copy all Addresses
Previous Address
2nd Previous Address
Best contact number *
Alternative contact number
Email *
Residential status *

Employment History

Applicant 1
Job Title or Sector
Job Type *

If Employed

Salary
Bonus
Commission
Overtime

If Self employed

Latest year net profit
2nd most recent net profit
3rd most recent net profit

If Contractor

Day rate
Latest year net profit
2nd most recent net profit
Applicant 2
Job Title or Sector
Job type
 

If Employed

Salary
Bonus
Commission
Overtime

If Self employed

Latest year net profit
2nd most recent net profit
3rd most recent net profit

If Contractor

Day rate
Latest year net profit
2nd most recent net profit

Financial Commitments

Applicant 1
Applicant 2
Copy from Applicant 1
Monthly credit commitments *
Monthy transport costs *
Monthly utility costs *
General living costs *
Pension contributions *
Children
Please state your school or childcare fees, if applicable
Not applicable
Not applicable

Credit History

Credit History *

Mortgage Details

Applicant 1
Mortgage requirements *
Purchase price
Deposit
Property URL
Property value
Mortgage balance
Existing mortgage lender
Current mortgage rate
Remaining term - Years
Remaining term - Months
Mortgage Type *
Purchase price
Deposit
Approximate rental income
Property URL
Property value
Mortgage balance
Approximate rental income
Existing mortgage lender
Current mortgage rate
Remaining term - Years
Remaining term - Months
Mortgage Type *
Applicant 2
Mortgage requirements
 
Purchase price
Deposit
Property URL (i.e. the website link from your estate agent website or Rightmove)
Property value
Mortgage balance
Existing mortgage lender
Current mortgage rate
Remaining term - Years
Remaining term - Months
Mortgage Type *
Purchase price
Deposit
Approximate rental income
Property URL (i.e. the website link from your estate agent website or Rightmove)
Property value
Mortgage balance
Approximate rental income
Existing mortgage lender
Current mortgage rate
Remaining term - Years
Remaining term - Months
Mortgage Type

Other Services

Please select any products/services you may be interested in.

By selecting Solicitors or International Money Transfer you are permitting us to put you in touch with a third party company, who will contact you after our initial discussions. Life cover and Home Insurance services are typically managed internally.

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You voluntarily choose to provide personal details to us when submitting an enquiry. Your information is confidential and held in accordance with the appropriate data protection requirements. Click here to read Trinity Financial's privacy policy.

Tel: 020 7267 9399 | Email: WinkworthEnquiries@trinityfinancialgroup.co.uk

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