We have all been there! So many people have from time to time got into financial difficulty or indeed have a 'blip' on their credit report that they did not even know about about. Sometimes our own fault, other times not our fault. With impaired credit there are specialist mortgage lenders that will take into account the circumstances and look at the 'bigger picture' when assessing a mortgage application.
This service is for: Poor Credit History Residential Mortgage (up to £0.5m) - Research, Placement and Installation to Completion.
Stage 1: Mortgage Research
Stage 2: Application (if we make the application for you)
To complete full application and supporting documentation, to submit our verification/certification (where required) of your affordability and suitability of the mortgage and to confirm to the lender, that we have given advice to you and we consider you acceptable to the lender and meet its lending criteria. We will deal with your lender, your legal advisers and any other interested parties.
Fees are discounted up to 25% depending upon how you wish us to work. There are four low cost, fixed fee options: two options where you pay our fees upfront and two options where only the research fee is required upfront.
50% Procuration Fee Rebate - Some lenders but not all may pay us a procuration fee (similar to commission) on completion of the loan. We will usually retain 50% of any procuration fee paid to us and 50% will be allocated back to you in the form of refunding any upfront fees already paid to us by you and/or offset against fees outstanding. By way of example, some lenders pay procuration fees of 2% of the loan e.g. Loan £50,000, procuration fee £1,000. £500 would be retained by us and £500 would be allocated to you to pay for any outstanding fees or refunded against fees already paid by you.