The client was a first-time buyer who had saved enough to put a deposit for an apartment in Battersea. They wanted a local mortgage adviser in Battersea and approached us.

The property was valued at £935,000 and was in Battersea Reach, a highly desirable location, close to Fulham, Chelsea and Stamford Bridge (our client was a big Chelsea FC fan). Due to the high value of the property and the 25% deposit, my client had, my client was hoping to secure a 75% loan to value (LTV).

The high LTV can be a challenge as lenders will only really lend 65-70% LTV on residential property, however, we have access to whole market lenders. So because of our extensive network, and compiling the fact find taking the client’s needs to consideration I was able to find the right lender who offered to based on affordability, rather than basic income. Clients income was over £105,000.


We were able to secure a mortgage on a 3-year mortgage at a variable rate of 3.28%, over a 35-year term for our client.  My client was able to purchase his first home in a beautiful location of Battersea, giving him security as well as creating a footprint.

The client scenario was as:

Client: First time buyer looking to purchase property in the Battersea

Income: Basic plus quarterly bonuses

Property Value: £935,000

Property Location: Battersea, London

Property Type: 2-bed luxury apartment in prime London residential area

LTV Required: 75%

Mortgage Type: Residential purchase

Mortgage Adviser: Battersea

Buying a flat First-time Buyer in Battersea

Azembel Ltd is a Trading style of TMG Limited, which is authorised and regulated by the Financial Conduct Authority. Registered address 71-75 Shelton Street, Covent Garden, London, WC2H9JQ Registered No. 786245.