There are many low risk clients who are unable to obtain a mortgage having failed lenders automated decision systems. JP Mortgages, Independent Whole of Market Mortgages Broker have established working relationships with a number of lenders enabling us to place business usually needed to fall outside normal lenders underwritting criteria. We have access to hundreds of lenders offering thousands of mortgage products.
These lenders range from the high street through to specialised lenders to help with those quirky cases. Our aim is to find the best available mortgage which suits your needs and situation. I, John Phillips, have been in the financial services business for 36 years and i work at great speed to get you into your dream home. Call me anytime just for a chat with your many questions and i will put you on the right track immediately.
Mrs Smith has recently sold her main residence and was looking to use a lifetime mortgage for a purchase in York. Mrs Smith, aged 66, could not obtain a traditional mortgage due to her income being insufficient at retirement.
These lenders range from the high street through to specialised lenders to help with those quirky cases. Our aim is to find the best available mortgage which suits your needs and situation. I, John Phillips, have been in the financial services business for 36 years and i work at great speed to get you into your dream home. Call me anytime just for a chat with your many questions and i will put you on the right track immediately.
Mrs Smith has recently sold her main residence and was looking to use a lifetime mortgage for a purchase in York. Mrs Smith, aged 66, could not obtain a traditional mortgage due to her income being insufficient at retirement.
Services
Whether you are an experienced investor landlord with a large portfolio or a first time buyer, JP Mortgages are here to help you secure the best possible mortgage for your circumstances.
We have an extensive selection from the whole of the market of buy to let process to choose from to best meet your specific needs including.
We have an extensive selection from the whole of the market of buy to let process to choose from to best meet your specific needs including.
If you are looking to let a multi-room property out to multiple occupants who are not related - such as shared student accommodation - then you need to be aware of HMO legislation.
Unfortunately for buy-to-let landlords, different local authorities have differing criteria on what is and is not an HMO - and which need to be formally licensed.
Perhaps even more frustratingly, mortgage lenders can also vary in their definition of an HMO, and what types of properties they will lend against.
For that reason, it can often be advantageous to work with an HMO mortgage broker when looking for Houses of Multiple Occupancy (HMO) mortgages.
Unfortunately for buy-to-let landlords, different local authorities have differing criteria on what is and is not an HMO - and which need to be formally licensed.
Perhaps even more frustratingly, mortgage lenders can also vary in their definition of an HMO, and what types of properties they will lend against.
For that reason, it can often be advantageous to work with an HMO mortgage broker when looking for Houses of Multiple Occupancy (HMO) mortgages.
If you are currently going through a divorce or separation and your finances are in your joint names (eg joint mortgage, joint life insurance policy etc) then it is important to seek expert advice.
There are several options open to you and your spouse/partner and it may be that you have agreed to sell the marital property and split the proceeds.
Although more commonly, particularly if children are involved, the preferred option may be for one of you to stay in the home with the children, and the other to be effectively 'paid off' by means of some sort of financial settlement.
There are several options open to you and your spouse/partner and it may be that you have agreed to sell the marital property and split the proceeds.
Although more commonly, particularly if children are involved, the preferred option may be for one of you to stay in the home with the children, and the other to be effectively 'paid off' by means of some sort of financial settlement.
Always get independent advice from an FSA (Financial Services Authority) regulated broker.
This will not cost you anything and the broker is not tied to any lender so will be able to help you look at the whole market to find the best deal.
Try to get as large a deposit as you can (can your parents help you out?) as this will help you get a better del at a lower interest rate.
Anything considered slightly risky by the lenders, including high LTV (loan to value) will go against you.
Don't make multiple applications to lenders.
This will not cost you anything and the broker is not tied to any lender so will be able to help you look at the whole market to find the best deal.
Try to get as large a deposit as you can (can your parents help you out?) as this will help you get a better del at a lower interest rate.
Anything considered slightly risky by the lenders, including high LTV (loan to value) will go against you.
Don't make multiple applications to lenders.
Are you looking to buy your Council House?
Depending on how long you have been a tenant in the property you will be eligible for a discount on the valuation.
This discount varies depending on the area you live in and the length of time you've been in the property.
First check that you are a Secure Tenant (most council tenants who live in self contained accommodation are secure tenants).
Effectively, this means, you have a right to stay in the property provided you keep the tenancy conditions.
Depending on how long you have been a tenant in the property you will be eligible for a discount on the valuation.
This discount varies depending on the area you live in and the length of time you've been in the property.
First check that you are a Secure Tenant (most council tenants who live in self contained accommodation are secure tenants).
Effectively, this means, you have a right to stay in the property provided you keep the tenancy conditions.
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