We have seen a lot of negative mortgage news at the moment, making it seem like you are all stuck with your current mortgage and there is nothing you can do about it. This simply isn’t true. The mortgage team at Prosperity Wealth wanted to give you an update and make you aware of what business we can still do!
What can we do to help?
As ever, we can correspond with you over the phone, email and now by Zoom to understand your needs. We will assess what might be best for you, whether this is a Product Transfer or a Remortgage, for those coming to the end of their rate.
With a Product Transfer, you do not need to provide any income proofs to the lender, there is no affordability assessment and no valuation required. It’s quick and easy, and we can secure you a new rate for when the current one ends.
With Remortgages, lenders are still offering many mortgage products, mostly up to 60% Loan to Value, some even up to 79%. Lenders are trying to use automated and desktop valuations where possible. Each application will be assessed on a case by case basis; if it is decided you need a physical valuation the case can be put on hold until a valuer is able to visit the property.
Purchases at the moment are a little bit more tricky – if you want to discuss your options with us, we are more than happy to do this.
We are here to help.
#Mortgages #FinancialServices #MortgageBroker #Covid19 #MortgageAdviser #MortgageMarket #MortgageProducts #HereToHelp - 1 hour ago