Specialist Mortgage Lenders

If you have ever been turned down for a mortgage you are not alone by a long way. It is estimated that 25% of applications for mortgages are turned down for one reason or another. With this in mind lenders have developed new products to cater for this massive market.

 

Many specialist lenders are in fact arms or divisions of high street banks. Additionally, there are several specialist lenders that are only accessible through mortgage intermediaries and providing wholly specialist services and expertise.

 

You could need a specialist mortgage or remortgage for a number of reasons:

 

County Court Judgements (CCJs)

Mortgage Arrears

Repossession

Bankruptcy

Self-Employment

Being in receipt of income benefits

Unemployment

Not having a bank account

Not being on the electoral roll

 

Most specialist lenders will lend to you with a view to translating you on to a standard mortgage product after 3 or 4 years, once you have satisfied mortgage payments for that period and repaired or proved your status.

 

May, 8th 2006 TRY OUR MORTGAGE LENDER SEARCH TOOL

Choosing the right mortgage or remortgage

With so many mortgage products on the market... Fixed rate, trackers, capped, interest only, flexible rate, variable rates, offset... it can be difficult to decide which is the best to meet your goals. The criteria that each lender are looking for in a borrower are different as well. Meaning it can be difficult to make a complete application swiftly and efficiently.

Mortgage Intermediaries can help get in touch