An existing client who we had helped several times in the past with her own residential mortgages asked if we could help out a friend of hers. The lady in question had gone through a divorce and as part of the settlement had a large deposit. She only needed a smallish mortgage in order to buy the house of her dreams, but due to the nature of her income she was struggling to get the loan amount she needed. She was self-employed and on sight of her last 2 years trading accounts we knew instantly where to place the mortgage for her. As the loan to value was so low, we knew this particular lender would work off the latest years figures and not average up the last 2 years as the latest year was slightly better than the previous year. This meant the client was able to secure a market leading rate from a high street mortgage lender and it also meant a very happy client.
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