Main Menu Button
Login

Getting a mortgage or remortgage with poor credit or debt problems

Getting a mortgage or remortgage with poor credit or debt problems

We often get queries from introducers wanting us to help their clients arrange complex or difficult mortgages. Hopefully this email is of interest to you or your colleagues.
If the answer is “YES” to any of the following, give us a call on 01902 585052.

  • Are your clients with complex mortgage requirements causing you more trouble than they are worth?
  • Do you have clients who need a remortgage but you don’t know where to place them?
  • Do a small percentage of your clients take up a large proportion of your time?
  • Would you like to be able to refer these cases to a Complex Mortgage Specialist who will take over the case completely and pays an average commission of over £1000?

The mortgage team has 21 years’ experience solely dealing with cases of this nature and, if you wish, they can take over the whole case, process it to completion, and still pay you a generous commission.

Because such mortgages are complex, it’s usually best to explain the “complexity” over the phone. However if you prefer to email the customer details, plus a brief overview, the experts can contact the customer direct on your behalf and deal with the entire sales process.

If you have an enquiry now, call 01902 267441 or email details by choosing the instant referral option.

I hope you find this service valuable and profitable.

www.promisemoney.co.uk

01902 585052


    Find a mortgage

    Enter some details and we’ll compare thousands of mortgage plans – this will NOT affect your credit rating.

    How much you would like to borrow?

    £

    Type in the box for larger amounts

    For how long?

    yrs

    Use the slider or type into the box

    Is this a remortgage or purchase?

    What is the property value?

    £

    Mortgage balance outstanding (if applicable):

    £

    How quickly do you need the mortgage?

    Are there any features or considerations which are important to you?

    Tell us more...

    About you...

    Your name:

    Your forename:

    Your surname:

    Your email address:

    Your phone number:


    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 secured on land
    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 £317807.66 which includes £2,500 advice / processing fees and £125 application fee. Total repayable £587,807.66
    By submitting any information to us, you are confirming you have read and understood the Data Protection & Privacy Policy.

    Latest Articles


    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. We may receive commissions that will vary depending on the lender, product, or other permissable factors. The nature of any commission will be confirmed to you before you proceed.

    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 04822774
    Promise Solutions, Fullard House, Neachells Lane, Wolverhampton, WV11 3QG

    Authorised and regulated by the Financial Conduct Authority – Number 681423
    The Financial Conduct Authority does not regulate some forms of commercial / buy-to-let mortgages

    Website www.promisemoney.co.uk