We need a lot more flexibility – so I can get the burrow of my dreams.

We haven’t been hanging about since we started PeoplesChampion.com, no sireee! We’ve already been out listening to our future customers.

The boss, Jim, was delivering a super presentation at a Business Forum in Edinburgh the other night - and it created a lot of interest.

One first-time buyer in the audience went home and tried us out. Then she dropped me a note: “I am currently looking around for a mortgage as a first time buyer and found the site very useful.” Thanks for that!

However, one major bank has offered her a special deal as a young professional, whereby she can borrow five times her salary rather than three times. There are others in the market place doing this too. When you consider house prices and the difficult of young people getting on the ladder, this is understandable.

Our new friend pointed out that Peopleschampion.com doesn’t take this into account yet. She typed in her salary and the price of the flat she was looking at and there were no mortgage packages available. She said:

“I assume that this is because the site multiplies my salary by three and therefore thinks that I cannot afford the flat. Will you be able to factor these deals for young professionals into the calculations on the website?”

It’s a good question – and one we will be looking at closely. But we have to be very cautious. We do cover 95 per cent of the market, but high-end professional mortgages are often a speciality. We’re a new venture and the last thing we want to do is encourage anyone to extend themselves too much. Stretching yourself to get a home is a good thing – but over-stretching can be dangerous. We’ll be assessing greater multiples though – but it will be softly, softly. But keep checking the site though!

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