When The Bank Says No

While you've been ticking off your festive to-do list, have you considered reviewing your remortgage deal? Our expert advisers are ready to help you find a competitive rate that works for your financial goals. Don't let an ignored remortgage eat into your hard-earned savings this new year. Get in touch for a no-obligation mortgage review and start 2025 on a financially savvy note 💬 Your home may be repossessed if you do not keep up repayments on your mortgage. When The Bank Says No is a mortgage broker, and not a lender. When The Bank Says No is a trading name of Alder Rose Mortgages Limited whom are directly authorised and regulated by the Financial Conduct Authority under FCA No. 923776.

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The Bank of England has maintained the base rate at 4.75% ✋🏼 With this decision, mortgages linked to the base rate usually stay unchanged. 🙌 However, individual lenders often adjust their rates, especially for fixed and variable mortgages - so it’s always best to stay informed If you've been putting off reviewing your mortgage, get your appointment booked in to see how 2025 could work out for you Your home may be repossessed if you do not keep up repayments on your mortgage. When The Bank Says No is a mortgage broker, and not a lender. When The Bank Says No is a trading name of Alder Rose Mortgages Limited whom are directly authorised and regulated by the Financial Conduct Authority under FCA No. 923776.

When The Bank Says No ➡️ Charles Street Finance Say Yes! 🥳   We had a client with a building project in full swing who needed £750k to finish the build and pay the final balance to the builder.   With a pre-Christmas deadline, we had just 2 weeks to make it happen! 🎅⏰   The lender agreed to proceed without a physical survey, saving the client nearly £3,000 on a high-value property worth around £4.5 million. 💼🏠   ✅ Funded in just 12 days from submission! Talk about getting it done under pressure! 🤯✨   If you need a mortgage solution that works to your timeline, get in touch. We love turning challenges into success stories! 🚀   Thanks to Nathan Crosthwaite, Alex Harkness & Johnathan Sally and the rest of the team

Thinking of securing a mortgage? Your credit report could make or break your application! 🏠 Lenders peek behind the curtain of your financial history, so it's crucial to know what they'll see before you apply. A clean, healthy credit report can unlock better rates and smoother approvals. 🧼 Curious about your financial standing? Check your credit report today with CheckMyFile - the comprehensive tool that gives you the full picture. Comprehensive, detailed, and easy to understand – it's your financial roadmap to mortgage success. Check your credit report now: https://lnkd.in/e5pwJJXx Your home may be repossessed if you do not keep up repayments on your mortgage. When The Bank Says No is a mortgage broker, and not a lender. When The Bank Says No is a trading name of Alder Rose Mortgages Limited whom are directly authorised and regulated by the Financial Conduct Authority under FCA No. 923776.

Even when getting a mortgage doesn’t seem possible, When The Bank Says No are here to help prove that self-employed mortgages can be easier than you think. We can help you with the following types of mortgages: 👉🏼 Sole trader mortgages 👉🏼 Ltd company director mortgages 👉🏼 Partnership mortgages 👉🏼 Retained profits mortgages 👉🏼 Mortgages with 1 years accounts 👉🏼 Mortgages with decreasing profits

Did you know business insurance could cover these unexpected things? 🤔 Theft of keys? Locks could be replaced with spare sets of keys. Website woes? Relax. Protection against malicious attacks that could harm your data or reputation is available. Exhibiting at trade shows? Your stock and contents can be automatically insured. These are just a few surprises your policy might include. Want to know more? Let's chat! 📱

Did you know business insurance could cover these unexpected things? 🤔 Theft of keys? Locks could be replaced with spare sets of keys. Website woes? Relax. Protection against malicious attacks that could harm your data or reputation is available. Exhibiting at trade shows? Your stock and contents can be automatically insured. These are just a few surprises your policy might include. Want to know more? Let's chat! 📱

8 in 10 mortgage holders are on fixed rates! 😯 But have you explored other options? 1️⃣ Tracker Mortgages: How it works: Your interest rate tracks the Bank of England base rate, plus a set margin. Pros: Benefits from falling interest rates. Cons: Exposed to rising interest rates. 2️⃣ Discounted Mortgages: How it works: Offers a temporary discount from the lender's Standard Variable Rate (SVR). Pros: Potentially lower initial rates. Cons: Rates can increase after the discount period. 3️⃣ Capped Rate Mortgages: How it works: Sets a maximum interest rate, providing a ceiling on your repayments. Pros: Peace of mind with a rate cap. Cons: Typically higher initial rates. 4️⃣ Interest-Only Mortgages: How it works: You only pay interest on the loan, not the principal. Pros: Lower monthly payments. Cons: Requires a significant lump sum repayment at the end of the term. Each mortgage type has its own advantages and disadvantages. It's crucial to carefully consider your financial situation and long-term goals before making a decision. 💡 Consult with an expert like us to find the best option for your specific needs. 📱

The more blots you have on your credit report, the more limited your options become. If you have more than one CCJ, this can adversely impact the amount of mortgage deals open to you. Moreover, many lenders that do consider you may require a larger deposit to reduce Loan to Value (LTV) ratio and thereby minimise overall risk. Typically, if you have more than two CCJs, you may need a deposit of about 25%, and some lenders require the CCJs to be over 12 months old. Some lenders will simply not consider lending to you if you have multiple CCJs. However, the good news is multiple CCJs do not always mean your mortgage application will be automatically declined. There are options available to you, and mortgage advisors who specialise in your situation will be able to help you find them. When the Bank Says No can help you find the best deal available based on your credit score and the factors surrounding your CCJs. Your home may be repossessed if you do not keep up repayments on your mortgage. When The Bank Says No is a mortgage broker, and not a lender. When The Bank Says No is a trading name of Alder Rose Mortgages Limited whom are directly authorised and regulated by the Financial Conduct Authority under FCA No. 923776.