Securing the right mortgage requires more than just meeting affordability criteria—it demands a strategy that aligns with your broader financial objectives. For individuals with non-traditional income structures, navigating lender requirements can be challenging, particularly when standard affordability models do not accurately reflect financial strength.
At Henry Dannell, we specialise in structuring bespoke mortgage solutions, leveraging a wide network of lenders to ensure financing aligns with your income profile, asset base, and long-term financial strategy. By understanding the nuances of specialist lending, we help clients maximise borrowing potential while maintaining financial efficiency.
Below, we explore three key scenarios where tailored mortgage strategies provided effective and structured solutions.
Client Profile: Business Owner & Commercial Tenant
A client operating a well-established trading business had been leasing their premises for several years. With rising commercial rental costs, they identified an opportunity to purchase the property they operate from, securing long-term financial stability. However, they were unsure whether their business had the borrowing strength to obtain a competitive financing structure.
The Solution: Owner-Occupied Commercial Finance
By identifying a lender that understands the borrowing strength of trading businesses, we structured a commercial mortgage that enabled the client to acquire the premises under efficient lending terms.
Key Benefits:
This approach enabled the client to convert rental expenses into an appreciating business asset, ensuring greater financial security while maintaining flexibility.
Client Profile: Finance Professional with an Investment Portfolio
A client with a well-diversified investment portfolio sought mortgage finance but found that traditional lenders primarily assessed declared salary, significantly limiting borrowing potential. Despite a strong asset base, their ability to secure the required mortgage was restricted by conventional affordability models.
The Solution: Notional Income Mortgage
By identifying a lender that applies notional income calculations to investment portfolios, we structured a mortgage that considered the client’s full financial position. A 5% notional income rate was applied to their investments, increasing their assessable income and unlocking a higher borrowing capacity.
Key Benefits:
This tailored mortgage structure allowed the client to secure the necessary financing while maintaining their investment growth strategy.
The rise in tracker mortgages, especially those featuring two-year incentivised rates, marks a shift away from the traditional popularity of fixed-term mortgages. While short-term incentives provide immediate financial benefits, borrowers must consider the long-term implications of potential interest rate fluctuations. Additionally, they should be aware of early repayment charges, as an initially attractive deal might prove less cost-effective in the long run.
Client Profile: Senior Professional Supporting Their Child’s First Home Purchase
A client wanted to assist their child in purchasing their first home but was concerned about Stamp Duty implications if they were named on the property title. They required a solution that allowed their income to support affordability assessments without incurring additional tax liabilities.
The Solution: Joint Borrower, Sole Proprietor Mortgage (JBSP)
By structuring the mortgage under a JBSP arrangement, we facilitated a solution where the client’s income strengthened affordability, while the property remained solely in the child’s name.
Key Benefits:
This structure ensured the purchase was tax-efficient and financially sustainable, allowing the client to provide support without long-term financial entanglements.
Whether you are acquiring commercial premises, optimising borrowing capacity, or structuring financial support for family members, securing the right mortgage requires a strategic and structured approach.
As an independent mortgage brokerage, Henry Dannell works with a diverse network of lenders to source mortgage solutions that accommodate complex income structures, investment-led financial profiles, and business financing requirements. Our expertise ensures that finance is structured efficiently, providing access to specialist lending solutions beyond those offered by traditional mortgage providers.
To discuss how a tailored mortgage strategy could support your objectives, contact our team for a confidential consultation.