Mr D had long since repaid his mortgage when next door became available for sale subject to auction after a repossession. Mr D was very worried about who might move in and was keen to purchase the property. The property was slightly quirky and Mr D had been turned down for a mortgage when he looked on the high street.
Our Mortgage consultant was able to quickly get a handle on the facts and the concerns and was able to organise a mortgage in time for the auction.
Mr D has now rented this property out and has an additional income after making the mortgage repayments.
Nigel & Jayne were looking to move home and had approached their own bank for a new mortgage. The mortgage was approved initially by the bank but when the case was submitted to the underwriting team for final approval it was declined without any explanation other than the application no longer met their ‘ Credit Score’. The clients were frustrated as they could not understand this decision and the adviser at the bank could offer no explanation other than they could no longer assist the clients.
Disillusioned and unhappy with this decision and the time that had passed since original application the clients sought Independent Mortgage Advice.
There was no apparent reason why these clients could not obtain a Mortgage they had sufficient Income and a clean credit record. A meeting was arranged with the clients to complete a full Mortgage Fact Find from there we sourced a suitable mortgage and processed the application on behalf of the clients. A mortgage Offer was obtained within 8 days of submitting the Mortgage Application and the clients were delighted with the service they received.
A mortgage is a loan secured against your home. Your home may be repossessed if you do not keep up repayments on your mortgage or any other debt secured on it.
For our mortgage advice we typically charge a mortgage fee of £399. We may also receive commission from the mortgage lender.