Our clients were desperate to secure a mortgage to complete the purchase of a home (which they already lived in as tenants and had become available for sale). They had been to use their own bank first, as they thought would be the easiest route and the best chance that they had at securing a mortgage. Their bank wouldn’t provide a mortgage or an acceptable explanation as to why they were unable to secure a mortgage.
We first of all completed a full fact find, in order to: understand the circumstances; understand why they had been declined; and recommended a plan of action for the couple. Within a few days, an alternative High Street bank had been sourced and an acceptable rate was recommended. The clients were very happy to have been accepted and were now able to secure the property for the family.
The guidance and/or advice contained within the website is subject to the UK regulatory regime and is therefore primarily targeted at customers in the UK
Think carefully before securing debt against your home. Your home may be repossessed if you do not keep up payments on your mortgage or any other loans secured on it.
Teesside Money Limited Company Registration number 10991314. Registered Address at 80 Coleman Street, London, England, EC2R 5BJ, with a Trading Address at 4 Wellington Street, Stockton-on-Tees, TS18 1NA. Teesside Money Limited is registered with the Data Protection Act 1998 registration No. ZA287646 and is authorised and regulated by the Financial Conduct Authority under Firm Reference Number 799826.