Touchstone Corporate Limited reposted this
Helping Sole Company Director starting out or starting over with their mortgage, allowing them to create their own security & remain tax efficient
In the years that I've been a mortgage broker, in the last couple, I've seen more and more sales collapse. Suddenly, my clients not being able to buy the home that they want. There's lots of different circumstances as to why that will happen. I always get asked the same questions and I thought, I'll share them with you. 🚨“Do I need to pay you another fee?”🚨 No, I'm not that kind of broker that's going to charge you over & over again. It’s not your fault. We're going to keep going until you collect your keys. 🚨“Do I have to do a full mortgage application again?”🚨 That's dependent on the lender. Some lenders that will say, YES, we’ve got to start all over from the very beginning. Most of those will allow us to transfer the documents over, they may want a couple of updated ones. Other will say, NO, we'll just change the address, you pay for a new valuation & we'll get a mortgage offer issued. 🚨“I've paid all this money to solicitors, have I now lost it?”🚨 YES, to Searches and Enquiries because they're specific to the property, therefore the likelihood is that money is gone forever. Some solicitors have a no completion – no fee, so if you don't complete, they're not going to charge you for the work they've completed. Others will charge you. Ask the question when you're choosing your solicitor. Your home may be repossessed if you do not keep up repayments on your mortgage.