Mrs Ali’s accountant gave us projections and evidence of contracts that showed her business was flourishing, and that her income was increasing year on year.
How we helped
We were able to work with the clients’ accountants and advisers to confirm their income was on an upward trajectory and that paying the mortgage both now and, in the future, was sustainable. Mrs Ali’s accountant gave us projections and evidence of contracts that showed her business was flourishing, and that her income was increasing year on year.
At the same time Mr Ali’s accountant and the Chief Financial Officer of the law firm also confirmed his future earning potential and job security.
To support Mr and Mrs Ali with their affordability queries, we were able to request evidence of all savings and investments balances. This provided us with confidence that they had surplus liquid funds post purchase to call upon if required to cover the maintenance payments and the mortgage costs associated with Mr Ali’s ex-marital home.
We were able to gain comfort with a new lend of £1,680,000 with evidence that affordability both now and in the future could be met, enabling Mr and Mrs Ali to purchase their new home.
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Any examples of investments and structures used are for illustrative purposes only. This case study does not constitute an invitation or inducement to buy any financial investment or service. None of the content constitutes advice or a personal recommendation. Individuals should seek professional advice, based on their jurisdiction and personal circumstances, before making any financial decision.
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