Our applicant was looking to borrow £548,000 to buy a converted church in the grounds of a cemetery. Although married, the applicant’s partner had a poor credit profile, so they were making a sole application for an 80% LTV mortgage with a 0-status product selected. The mortgage was agreed and proceeded from application to offer in 21 days.
| Why UTB? | Purchase of a converted church in the grounds of a cemetery |
| Product | Residential Mortgage, 0-status |
| Loan | £548,000 – 80% LTV |
| Applicants | Married sole applicant with clean credit profile, as partner has some adverse credit history |
| Timings | 21 days from application to offer |