Need help? A few things
you might want to ask…
We’ve answered a few questions
here we’re commonly asked. But if there’s
something else on your mind, just get straight on the
phone - 0800 583 0202, or drop us an email,
or register a call back.
• How
quickly can I get my money?
• What
if I have no accounts/proof of income?
• How
much can I borrow?
• I
want to buy at auction. What’s the best funding
vehicle?
• What
can I use my finance for?
• Can
I cover repayments if I’m unable to work?
• Can
I repay a loan or mortgage early?
• Can
I borrow more in the future?
• Will
a rep visit?
- How
quickly can I get my money?
Depending on your circumstances
we can turnaround re-mortgage applications as quickly
as 10 days. For loans our target is 18 days. In
order for us to process your application as quickly
as possible please ensure you read all documentation
sent to you carefully and ensure that once you are
happy you sign in ALL places indicated. Alternatively,
you can request one of our document collection representatives
to come out. This generally speeds up the application
process and ensures all the paperwork is delivered
to our office safely.
- What
if I have no accounts/proof of income?
Will have a number of lenders who will base lending requirements
on affordability calculations.
- How
much can I borrow?
This will obviously depend upon your available income
and the amount of collateral available within your
property. Subject to these factors we can arrange
finance from £50,000 to £5million.
- I
want to buy at auction. What’s the best funding
vehicle?
More and more, we are recommending bridging finance
for fast track purchases. With a legal requirement
to complete swiftly, bridging finance avoids the delay
and commercial scrutiny associated with banks. Most
of our bridging transactions are completed successfully
in a matter of days. Once the purchase is secure,
we then help clients select a more competitive remortgage
deal.
- What
can I use my finance for?
The money can be used for any legal business purpose
- for instance:
•
Commercial Property purchase
•
Development or expansion
•
Restructuring
•
Investment/Buy to let
- Can
I cover repayments if I’m unable to work?
Yes, for peace-of-mind we offer an optional accident,
sickness and redundancy policy, which will make the
repayments for you should you, be off work (subject
to certain exclusions and terms).
- Can
I repay a loan or mortgage early?
You can repay a loan early. I you do, you will benefit
from a rebate of interest. This means you will not
have to pay all the interest that would have been
due if the loan was to run for the full term, so ultimately
the total cost of your loan will be less. In the case
of a mortgage or remortgage, early repayment may incur
early repayment charges, depending on the terms of
your mortgage agreement. Your advisor will explain
these at the outset.
- Can
I borrow more in the future?
Simply telephone our office and we’ll be happy
to supply you with a quotation for a further advance.
- Will
a rep visit?
NO. ALL our loans are arranged speedily through the
post unless you specifically request otherwise. The
process is simple enough; we have no desire to complicate
it by using reps.