Never Say Die

I was thrown a challenge last week (as someone who likes to speak to clients who say "I can't get a mortgage because...") by a dad trying to get his daughter and soon to be son in law (STBSIL) a re-mortgage off of an interest only Student Mortgage at 5.5% on to a more sensible rate. The problem was that his daughter was already 4 months into a 12 monthh contract in her first job (no prior work or contracting experience) and the STBSIL was a Canadian citizen with less than 2 years remaining on his Visa!! And to make matters worse the dad had already spoken to 2 other Mortgage brokers. One had said it can't be done and the other had offered them a rate of 4.5%!

Thinking that I may have to ski very far off piste to accomodate this one I commenced my research from the ground up considering all the lenders that would accept their unique, and somewhat risky (in the eyes of a lender) situations.

However, it only took me a few calls to discover I would not have to ski off piste at all (I could stay in the nursery slopes in fact!) as Natwest would lend to them on a 2 year fixed at 1.65%. I now have a very happy father, daughter and STBSIL as I have managed to save £500 per month toward their wedding next year. I am just awaiting my invite!!

This just goes to show that some Brokers just don't do enough research to justify their fee!

I have never yet had a client that a lender will not lend to.

0 views0 comments

Recent Posts

See All

Contact me for an initial free consultation

Think carefully before securing other debts against your home.
Your home may be repossessed if you do not keep up repayments on your mortgage. 

Equity Release will reduce the value of your estate and can affect your eligibility for means tested benefits.

Buy to let mortgages are not regulated by the Financial Conduct Authority.

If you are unhappy with our service.

If you have a complaint about your advisor, or any financial advice you have received from your advisor, please contact us:

Quilter Financial Planning Complaints Department

Riverside House

The Waterfront

Newcastle upon Tyne

NE15 8NY



Tel: 0191 241 0700


You can find more information by visiting the Quilter Financial Planning website:


If you cannot settle your complaint with us, you may be entitled to refer it to the Financial Ombudsman Service (

Rosemount Mortgages is a trading style of Rosemount Financial Solutions Ltd an appointed representative of Quilter Financial Services Limited and Quilter Mortgage Planning Limited which are authorised and regulated by the Financial Conduct Authority.

Rosemount Financial Solutions Ltd is registered in England and Wales, No: 05676603. Registered Address: Rosemount House, 2-4 Chequers Road, Basingstoke, RG21 7PU.


The guidance and/or advice contained within this website is subject to the UK regulatory regime, and is therefore targeted at consumers based in the UK.

Privacy Policy

© 2019 by Rosemount Mortgages. Created by Social Fireworks Ltd