Personalised Mortgage Advice

“Property and previous mortgage was in joint names with my husband, held as tenants in common (98% in my name and only 2% in my husbands name for tax reasons). Stefan searched the market to find best 2 and 5 year discounted mortgage deals that suited our circumstances and would enable mortgage to be increased to raise some capital on equity of property. As we are older clients this required care to research deals.Stefan advised that we would get better deals if property was transferred to my sole name , and also be able to raise more capital, as the 'stress test' for lower tax payers was not as strict as for higher tax payers such as my husband. We decided to do this and transferred equity of property in to my sole name enabling more attractive mortgage deals and also increasing mortgage to raise some capital, which would not have been possible if the house remained in joint names due to the tougher stress test for higher tax payers. Stefan also recommended solicitors to act for the remortgage and undertake the property transfer with the Land Registry. The solicitors charges were competitive and probably cheaper than I could have obtained directly. Stefan duly found a mortgage deal for me with competitive 5 year discounted fixed rate and worked quickly and diligently to secure this for me just before rates increased due to the war in the Middle East.”