Case Study – Can I get a mortgage with a Non Standard Construction Property?

A client came to us recently looking to raise £20,000 against a property that was mortgage free. They had been declined on two counts. Firstly their property is Timber framed and considered Non Standard Construction. Secondly they had some historic defaults and CCj’s registered in the last 2 years. When we told them that we had a solution they couldn’t…

We can still help even if you have CCJ’s, Defaults or missed payments

We pride ourselves on having a lending panel which can help in most circumstances when considering a mortgage or remortgage. All lenders have a slightly different view on how they should lend. So where one lender says no, another will say yes. More often than not our clients come to us stating you will probably not be able to help…

Deal of the week

  Scenario Recently a couple contacted us hoping to raise a £60,000 loan. They had experienced some difficulty in finding an unsecured loan for two reasons. Firstly, the size of the loan was a problem because the majority of unsecured lenders have lending limits of £25,000 maximum.  Secondly, their low credit score presented a problem which reflected the constant use of…

Right To Buy

Right To Buy Purchases

Right To Buy (RTB) Purchases in my humble opinion are one of the best ideas the goverment has come up with. This is a scheme where a tenant has the opportunity to purchase their council / housing association property at a discounted price. The discount will usually depend on how long you’ve lived at the property for. i.e. The longer…

Is the recovery coming?

Is the recovery coming? This is a question my clients continuously ask me. They seem to be getting more anxious and frustrated every day. Especially the clients who have loads of equity but may not meet the strict affordability requirements. They may also have bad credit which lenders are simply not interested in at the moment. I watched a programme…