first-time buyer mortgage Putney
Buying your first home is exciting, and sometimes overwhelming. Recently, we worked with a client, Sarah, a first-time buyer in her early 30s, who had just had an offer accepted on a one-bedroom flat in Putney. If you’re looking for a first-time buyer mortgage, Putney mortgage advisor Oportfolio is here to help. Here’s how we helped Sarah through the process.
First-Time Buyer Mortgage: Putney Property
The Challenge
Sarah had a modest deposit of 10%, and a slightly unconventional income structure: she earned a base salary plus fluctuating quarterly bonuses. Despite having a strong employment history, two high-street lenders had already declined her mortgage application, citing ‘insufficient proof of income’ and an unpredictable bonus pattern. This left Sarah feeling disheartened and unsure of how to proceed.
Our Approach
We began with a full financial review, including her last 12 months of payslips and bank statements. Our team spotted a consistent bonus pattern that simply needed to be presented in the right way. We also requested a letter from her employer confirming the structure and regularity of her bonuses, along with a projected income letter.
Rather than relying on standard automated systems, we contacted a specialist underwriter at one of our trusted lenders who we knew took a more flexible, case-by-case approach to bonus income. We packaged Sarah’s documents professionally and presented a full case that illustrated both her stability and affordability.
The Result
Sarah was approved for a mortgage at a competitive fixed rate within a week. She was not only able to borrow the full amount required for the property, but also received the reassurance of rate stability for five years. We coordinated closely with her solicitor and estate agent to keep timelines on track and supported her through the exchange and completion process.
She moved into her new Putney flat just six weeks after receiving her mortgage offer.
Her Words
“I honestly don’t think I could have done this without Oportfolio. They fought for me, explained every step, and gave me confidence every time I started to doubt myself. At one point I thought that I would never be able to get a mortgage, but the process with Oportfolio was smoother than I ever expected.”
Your Mortgage Journey Starts Here
Whether you’re a first-time buyer, self-employed, or buying with a non-standard income, we have the expertise to help. Contact Oportfolio for expert, personalised advice that goes beyond the numbers.
*Name changed for client privacy.
