Mr and Mrs N were first time buyers looking to buy their first family home together.
Having found their dream house, they looked to borrow a mortgage of £225,000 with a 10% deposit from their high street bank, but due to a history of bad credit were refused. They approached a local independent financial adviser for help and were refused again by their suggested lenders. About to lose their dream property, they were persuaded to make a final appointment to see a Choice Independent Mortgage Adviser on the recommendation of a friend.
At their successful first meeting, our Independent Mortgage Adviser evaluated their situation and due to his extensive experience with specialist lenders saw an avenue that hadn’t yet been explored. Thanks to his diligence and experience, Mr and Mrs N went from nearly pulling out of their dream home purchase to receiving a full mortgage offer within 3 working days.
Our mortgage advisers are trained to look outside the box and can access the whole of the intermediary market, which means access to many more lenders than most, and in this case we could identify a mortgage provider which was open to more varied credit histories.
Not only did Choice secure their mortgage offer, but during discussions identified the need for Life and Critical Illness Cover. Only half the country have life cover and 17% Critical illness, but in cases of disparate income or family dependence, it’s even more important to be able to cover the mortgage payment in case of an income shock. Tristan tailored Life and Critical Illness cover for the whole family securing their peace of mind at the same time.
Mr N said ”As first time buyers, we were worried to approach lenders directly and contacted Choice Mortgage Sols to help with the application. We received a very professional service, beyond our expectations. Tristan took our case to heart and helped us secure a mortgage within a week, keeping us in the loop throughout the application process. I will definitely recommend Choice Mortgage Solutions whatever your personal circumstances are.”
Mrs N said “I really can’t recommend Tristan enough! We needed to have a mortgage arranged asap as the house we chose was already off the market. We saw him Wednesday afternoon and by the following Tuesday we have received a formal mortgage offer. Tristan treated the application like it was his own one! We have been kept up to date on a daily basis. My personal circumstances were such that approaching high street lenders directly was a frightening idea but Tristan made it happen for me! and I couldn’t thank him enough and I would highly recommend him to anyone else. Thank you so much Tristan!”
Contact one of our expert advisers now on 0800 612 8099 or fill in our form here and see how we can help you purchase your dream home, whatever your circumstance.