Case Study
Loan: £229,250
LTV: 95%
Introducer Commission: £1,197
A first-time buyer with a 5% deposit faced multiple challenges: recent arrears, two small CCJs, high LTV (95%), and a concrete construction property. After failing AIP checks with high street banks, their broker contacted Brightstar seeking a specialist solution.
Steph Healey worked with a lender who manually underwrote the case, accepting the 95% LTV mortgage at 7.04% – provided the husband (not on the application) signed an occupancy waiver. The property was deemed mortgageable, and the deal was secured.
This case demonstrates that a 5% deposit and adverse credit don’t have to be barriers – at Brightstar, we can make homeownership possible for your clients.
Subject to status. Product and criteria availability is subject to change or withdrawal at any time. For intermediaries only.
