Helping a Couple in Shoreham-by-Sea Move into Their Next Home
Moving house can feel just as complicated as buying your first property, particularly when you need to sell your existing home and arrange a new mortgage at the same time.
A recently married couple from Shoreham-by-Sea approached Springate Mortgages because they wanted to move from their small first home into a larger, three-bedroom house. They knew what they wanted, but weren't sure how much they could afford or what they needed to do to make the move happen. With Jonathan's help, they were able to put together a clear plan, understand their budget and successfully secure their next home.
The Challenge: Working Out What They Could Afford
The couple came to Springate Mortgages following a recommendation from a friend. Having already bought their first property, they had some experience of the mortgage process.
However, moving from one home to another introduced several new considerations. They needed to understand how much their current property might sell for, how much equity they could use towards their next deposit and whether their income would support the mortgage they needed. They were also unsure about the best order to approach everything.
Should they put their property on the market first? How much could they comfortably spend? And what would happen to their existing mortgage when they moved?
Rather than leaving them to work through everything themselves, Jonathan helped them build a step-by-step plan.
How Springate Mortgages Helped
Making Their Existing Mortgage More Flexible
One of the first things Jonathan noticed was that the couple's existing mortgage deal was approaching its end. Instead of automatically arranging another fixed-rate deal, he helped them move onto a more flexible mortgage arrangement without early repayment charges.
This gave them greater flexibility when the time came to sell their existing property and arrange their next mortgage.
Working Closely with the Client's Accountant
During the review, Jonathan also noticed that the client's company accounting period was due to end in just two months. This presented an opportunity.
He contacted the client's accountant to discuss the company's financial position and obtain projections for the next set of accounts. Those projected figures indicated that the client's borrowing requirements could be achievable once the new accounts were finalised.
Rather than rushing into an application that might not reflect the client's full financial position, Jonathan worked with the accountant to prepare for the right moment to proceed.
Jonathan then assessed their income and borrowing options, confirming that the mortgage they needed was achievable. With a clearer understanding of their finances, the couple could begin searching for their next home.
Helping Them Secure Their Chosen Property
When the couple found a house they wanted to buy, they faced another challenge. Other buyers were interested in the property, and they found themselves in a bidding war.
Jonathan contacted the estate agent directly to discuss the couple's position and help support their offer. That conversation helped the couple secure the property. Springate Mortgages continued supporting them through the mortgage and moving process, right up until they received the keys.
The Outcome: A Clear Plan and a Successful Move
The couple successfully moved from their first home into the larger property they had hoped for. What made the difference was having a clear understanding of their finances and knowing exactly what needed to happen at each stage.
From preparing their existing mortgage and calculating their deposit to communicating with the estate agent and arranging their new mortgage, Springate Mortgages helped make the process far more manageable.
What Our Client Said:
"Amazing service from Jonathan as usual when we were buying our new property. Would highly recommend Springate Mortgages to anyone!!"
Emma, Home Mover
At Springate Mortgages, we take pride in doing things differently
Straightforward advice
We keep it simple, clear, and honest - no complicated language or hidden agendas.
Stress-free approach
From paperless processes to quick, efficient communication, we make the mortgage process easy for you.
Personalised service
We understand that every client is unique, so our advice and solutions are tailored to your circumstances.
Proactive support
Whether it’s monitoring interest rates or liaising with lenders and solicitors, we’re with you every step of the way.
Why clients choose us
We’re proud to share the stats that reflect our commitment to great service:
application to offer last month
5-star Customer reviews
of applications last month that were entirely paperless
Why should you choose us? Because we get it.
Buying a home or remortgaging isn’t just a financial decision - it’s a life decision. And we’re here to make it as smooth, stress-free, and rewarding as possible.
