Solutions you wont find on sourcing systems
Solutions you wont find on sourcing systems
I have a promotion at the moment for your non standard cases. Let us package your cases for £99 and you still get a 0.35% proc fee
Dudley Building Society is great for placing quirky cases and I am based only 15 minutes away from Dudley so have face to face access to their underwriters. The service is now great.
Here are some of the main areas where we can get you great results from the Dudley:
- No income multiple caps
- No credit score
- No upper age limit
- Interest only / C&R – downsizing an option
- Joint mortgage – sole proprietor
- Expats – foreign currency income – more options
- RTB
- Historic arrears / adverse
- 100% debt consolidation
- Lodger income accepted
- 100% of second income and most benefits
- Guarantor purchases – don’t need to be related or go on title deeds – no stamp duty?
We find Dudley tick many boxes so can accept cases with multiple challenges which other lenders won’t accept
Please give me a call if you have a case like this or send over a DIP form
Dudley will only accept business via a packager and of course I have many other specialist lenders to consider if Dudley isn’t suitable.
01902 585052
Promise Money is a broker not a lender. Therefore we offer lenders representing the whole of market for mortgages, secured loans, bridging finance, commercial mortgages and development finance. These loans are secured on property and subject to the borrowers status.
More than 50% of borrowers receive offers better than our representative examples
The %APR rate you will be offered is dependent on your personal circumstances.
Mortgages and Remortgages
Representative example
Borrow £270,000 over 300 months at 7.1% APRC representative at a fixed rate of 4.79% for 60 months at £1,539.39 per month and thereafter 240 instalments of £2050.55 at 8.49% or the lender’s current variable rate at the time. The total charge for credit is £317,807.66 which includes £2,500 advice / processing fees and £125 application fee. Total repayable £587,807.66
Secured / Second Charge Loans
Representative example
Borrow £62,000 over 180 months at 9.9% APRC representative at a fixed rate of 7.85% for 60 months at £622.09 per month and thereafter 120 instalments of £667.54 at 9.49% or the lender’s current variable rate at the time. The total charge for credit is £55,730.20 which includes £2,660 advice / processing fees and £125 application fee. Total repayable £117,730.20
Unsecured Loans
Representative example
Annual Interest Rate (fixed) is 49.7% p.a. with a Representative 49.7% APR, based on borrowing £5,000 and repaying this over 36 monthly repayments. Monthly repayment is £243.57 with a total amount repayable of £8,768.52 which includes the total interest repayable of £3,768.52.
THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME
REPAYING YOUR DEBTS OVER A LONGER PERIOD CAN REDUCE YOUR PAYMENTS BUT COULD INCREASE THE TOTAL INTEREST YOU PAY. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.
Promise Money is a trading style of Promise Solutions Ltd – Company number 04822774Promise Solutions, Fullard House, Neachells Lane, Wolverhampton, WV11 3QG
Authorised and regulated by the Financial Conduct Authority – Number 681423The Financial Conduct Authority does not regulate some forms of commercial / buy-to-let mortgages
Website www.promisemoney.co.uk