- £7 million remortgage for client with house in Mayfair
- Working as partner in law firm in Dubai
- Paid in US dollars with bonus income
Our client asked for help to secure a cheap remortgage deal so he could move away from his existing lender. He had called another London broker but their fee was very high.
How did we help?
Trinity’s broker researched the market to find the most competitively priced terms for wealthier borrowers living overseas. Once we have the client's documents the application was submitted to a private bank offering great deals.
What was the rate?
A variable rate, which is 1.24% above the Bank of England base rate, currently 0.10%, to give a current rate payable of 1.34% for 60 months. After 60 months the loan reverts to a variable rate, which is 3.14% above the Bank of England base rate, currently 0.10%, to give a current rate payable of 3.24% for the remaining term of the mortgage. This rate will not go below a floor of 3.14%.
Call Trinity Financial on 020 7016 0790 to secure a mortgage or book a consultation