Direct access to a large loans underwriter saves our client more than £25,000

Tuesday July 9, 2019

At one of the things we are most proud of is our network. We’ve worked hard to build relationships in the UK and overseas with more than 200 lenders, from High Street and specialist private banks, to small building societies and boutique lenders.

How does that bring benefits to our clients? A recent case from Senior Mortgage Associate Daniel Gracie shows how direct access to a large loans underwriter can make all the difference to the success of an application.

Case study

In this case, our self-employed client needed to remortgage his £1.4m home, with a mortgage of £1m. He was signed up to a five year fixed rate with a small private bank, but was paying a high rate for it because his self-employed structure had changed twice in the last two years.


The relationships and reputation of meant that, when Daniel sought a better deal for our client, he was able to get in direct contact with a large loans underwriter within the lender to present their case. Being able to do so to explain the detail behind the figures meant that the lender could see and understand that the client’s income was very stable and growing.

Daniel secured a new five year, fixed rate, interest only mortgage of over £1,000,000 at a rate below 2%. Even with the client paying an early repayment charge to his previous lender, the client’s net saving over the next four years would be in the region of £26,000.

Loan amount:£1,020,000
Rate:5 Year fixed rate 1.81%
Loan To Value:73%
APRC:Overall cost for comparison 3.30% APRC representative variable
Term:25 Years
Type:Interest only
Loan purpose:Remortgage
Lenders arrangement fee:£1999
Early repayment charges:5.00% of the amount repaid until 2024

Often, figures only tell one side of the story and it’s the detail behind those figures that needs to be explained and understood. Our approach is centered in approaching each and every single case individually and we have the network, experience and determination to get your case heard by decision makers. If you would like to find out how our team’s connections might be able to help you, don’t hesitate to get in touch.


This case study is for information and illustration purposes only. It is not an offer, or suggestion of an offer. Each mortgage case is assessed on an individual basis and there is no guarantee that the solution described here can be repeated in the future.

Please note that this specific deal may not be available to – or suitable for – all customers, dependent on their individual circumstances. The rate quoted may become out of date at short notice and may not be available at the point at which customers enquire about it. This document may not contain all the information needed for customers to make a decision and they should seek advice.

Overall cost for comparison 3.30% APRC representative variable based on 62 monthly payments at a fixed rate of 1.81% followed by 238 monthly payments at the lenders standard variable rate, currently 4.00%. Because all, or part of, the mortgage is currently, or will revert to, a variable interest rate mortgage, the actual APRC could be different from this APRC and the payments could increase, if the interest rate of the loan changes.  For example, if the interest rate rose to 9.39% the APRC could increase to 8.0%. The actual rate available will depend on your circumstances. Ask for a personalised illustration.

Your home or property may be repossessed if you do not keep up the repayments on your mortgage. 

To make an enquiry call us on 020 7519 4984 or visit our website.

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Your home or property may be repossessed if you do not keep up repayments on a mortgage or any other debt secured on it. Changes in the exchange rate may increase the sterling equivalent of your debt. You may have to pay an early repayment charge to your existing lender if you remortgage. Think carefully before securing any other debts against your home. is a trading name of Ltd, Aegon House, Ground Floor Suite, 13 Lanark Square, London, E14 9QD authorised and regulated by the Financial Conduct Authority (FCA). Our FCA registration number is 302228 and can be viewed by visiting the FCA website: The FCA does not regulate tax advice or some aspects of commercial, buy to let, overseas mortgages, bridging finance, finance and asset lending. Ltd is a licensed credit broker, and not a lender. Ltd Registered in England and Wales No: 5070990 Registered Address: As above. The guidance and advice contained within the website are subject to the UK regulatory regime and is primarily targeted at UK customers. Calls may be recorded for training and monitoring.
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