Equities Trader Switches £850k Mortgage on £1.2m Home to Offset on Bonus-Heavy Income
An equities trader on a £160k base and a £200k average annual bonus was ending a fix on an £850k mortgage against his £1.2m London home. A remortgage to a clearing-bank offset product recognised £260,000 of income at roughly 3.3x — and each bonus now works against the balance from the day it lands.
Upsizing with Offset Mortgage and Renovation Funding
A North London couple, one an in-house lawyer and the other a software engineer, needed to upsize to a home requiring major renovation — but still live in their current property during the works. We structured a two-property mortgage plan using interest-only loans, bonus income, and an offset facility to make it all work smoothly.