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Case details

Our clients were keen to secure a mortgage for a property they agreed to buy in Market Drayton, north Shropshire.

As next-time buyers they had experience of the property market and had just sold their home. 

Solution:   

The recently married couple both had good jobs so there was a selection of lenders able to offer them a competitively priced mortgage.

In order to make sure they were in the best position to proceed with the purchase, we approached a lender with low rates and fast processing times.

They were happy to provide a mortgage and faxed an offer to their solicitor within 14 days. 

Property: House in Market Drayton

Value: £330,000

Mortgage: £297,000

Rate: 3.15% fix until 30 September 2017

APR: 4.0%

Reversion rate: 3.99% - 3.49% over the Barclays Bank Base Rate for the term of the mortgage.

Lenders arrangement fee: £999

Mortgage term: 35 year term

Repayment type: Full capital repayment

Loan-to-value: 90%

Early repayment charge: 3% for the first two years

Overpayments: Up to 10% of the outstanding balance each year

The actual rate available will depend on your circumstances. Please ask for a personalised mortgage illustration.

If you would like help to secure a 10% deposit mortgage call Trinity on 020 7016 0790.

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