
These are true case studies, we can provide testimonials
for any of the following case studies.
Mr W M - Reading, Berkshire
Mr M had been ill for 7 months and could not afford his mortgage
payment, he had received an eviction order and no-one would offer
a mortgage as he was still unemployed. We arranged a temporary bridging
loan until he could return to work. We have since remortgaged the
property providing an affordable on-going mortgage payment.
Mrs T - Edinburgh
Mrs T approached us as she was struggling to make her current mortgage
and secured loan payment which totalled £1100 per month. In
additon to this her husband was still living with her and had been
declared bankrupt. We were able to arrange an interest only mortgage
with the monthly payments reduced to under £600 in the first
year and under £700 in the second and third years taking into
account 5 missed mortgage payments and her husband's bankruptcy.
Mr & Mrs R - Cheltenham
Mr & Mrs R had simply let finances get out of control and although
he had a competitive mortgage, they had taken on a secured loan
for home improvements, they had credit card debts in excess of £20,000
and a large car loan. They had started to default on all payments
and also had missed mortgage payments. We were able to remortgage
the home and repay all finances giving one low monthly payment that
they could afford. Part of the mortgage was arranged on a short
term capital repayment mortgage as they could afford to pay more
than the interest only amount.
The overall cost for comparison
is 8.8% APR.
The actual rate available will depend upon your circumstances.
Ask for a personalised illustration.
A broker fee of £500 or 1/2% is usually charged which is payable
on completion.
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