At Solution Mortgages Ltd we have a number of lenders who can help with all sorts of scenarios. it doesn’t matter if you are looking for a secured loan, remortgage or a purchase, we can assist with all types of lending. This week we are going to focus on one of our specialist lenders from our secured loans panel. They…
Category: Mortgages
Deal of the week
Scenario, A client applied via our website looking to raise £25,000 by way of a remortgage. She wanted to raise the money for consolidation of her credit cards and to complete the proposed home improvements. The home improvements consisted of a new kitchen, new garage roof and a new patio. The difficulty she was having was a combination of…
Weekly insight into one of Lenders Criteria
At Solution Mortgages, we pride ourselves on our diverse panel of lenders. From our panel of lenders, we have some of the best products available. In our weekly blog on Lending criteria, we will give a snapshot of some of the standout points that help us find a solution where others can’t. This weeks lender helps clients who want…
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 mortgage-free property. They had been declined on two counts. 1 – Their property is Timber framed and considered Non-Standard Construction. 2 – They had some historic defaults and CCj’s registered in the last two years. When we told them that we had a solution, they couldn’t believe it…
MPC hold the base rate at 0.75%
The Monetary Policy Committee has decided to hold the base rate at 0.75%. They meet every six weeks to determine the base rate and voted unanimously to keep it at 0.75%.Given the outcome of Brexit being undecided, this was to be expected. Although the 3rd quarter data has suggested a recession should be avoided, the MPC is sticking to a cautious…
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…
Non Standard Construction
At Solution Mortgages ltd we can help where others can’t in so many areas. The area we are focusing on here is the Non Standard Construction issue. So many people are being turned away due to their construction type, many of whom have plenty of equity and are getting frustrated by everyone telling them no. We have a number of…
Gaining a mortgage with a poor credit rating
Are you finding it difficult gaining a remortgage with a poor credit rating? We at Solution Mortgages have over 15 years experience in this field. We appreciate how frustrating the financial markets have become. Let us help you overcome the doom and gloom. We have a number of lenders which can help in a number of ways and for any…