When Rob, Alex and Jay decided to buy their own home together, the big high street banks just weren’t interested. But with help from The Cumberland, they were able to secure a brilliant first home together – with a garden for their pet turkeys, too.
Rob, Alex and Jay are three friends who live and work in Carlisle. They decided to buy their first home together after considering their options and deciding it would be a safer option than renting or buying alone.
The friends were concerned about the possibility of getting a shared mortgage – until they spoke to The Cumberland who were able to help them out.
“We didn’t think that banks would be interested in three lads with a turkey – but then we found The Cumberland. The mortgage advisor really helped us out, and now it’s perfect.”
This isn’t the first time that The Cumberland have supported less conventional first time buyers. Young couple Laura and Liam had all but given up hope of achieving their dream after they were turned down for a mortgage, as their dream of a long-term family home was considered unachievable by other high street lenders.
“We wanted a house that we can move into and know we will be there for the next 20 years; we wanted to get it right first time. We were told we needed another £10,000 for the deposit. That was a massive blow. We were going to be a few years off that and we had to put it on the back burner.”
Laura and Liam tried to forget about their dream, until a family friend suggested they talk to The Cumberland.
“We went and spoke to Kevin Aitken, the branch manager at The Cumberland on Annan high street. We felt like we couldn’t get our hopes up. But the way The Cumberland works is a lot more personal. Kevin looked at everything, and said there was no reason why we couldn’t get a mortgage with the deposit we had and our incomes. We went home and said, did that really happen?”
The couple have now moved into their new home – a semi detached with a family sized garden and three bedrooms, offered under an affordable housing scheme.
“It’s hard to explain what getting their first house means. It’s a weird feeling. I didn’t know I would feel so excited to get in that much debt! But this is going to be our home. We can envisage our whole life in that house and building memories together and a family. It’s the first step into adult life.”
Are you dreaming of buying your first home? Why not download our first time buyer guide – it’s the perfect place to get started.