👉 Knot your average case study from The Stafford. 👈


Finding the deposit can sometimes be the hardest part of buying a property..

In this case we helped a couple buy their home by allowing a gifted deposit from mum and dad. Details of the application include:

• Buying a property worth £680,000
• Mum and dad are gifting the full 30% deposit
• The property has 3 holiday let flats on the same title
• One applicant is a self-employed sole trader and latest years figures need to be used

The applicants were able to benefit from the gifted deposit from mum and dad and there was no need for them to add any deposit of their own.

The unusual mixed-use property type wasn’t an issue for us as less than 40% of the title was for commercial use which fits within our criteria.

We were happy to use latest years’ figures was as we could see a steady increase in income and income was realistic for the type of work they did

Another complex case untangled by The Stafford.