This client approached us with an issue with her bank..
She was looking to buy a new property but her own bank had down valued the property and charged her a valuation fee. A number of lenders now offer mortgages without any valuations and we agreed to review the mortgage and find a new lender who would not charge another fee for the mortgage.
| Property value | £100,000 |
|---|---|
| Loan amount | £95,000 |
| Loan to Value | 95% |
| Rate | 3.49% Fixed for 2 years, over a 25 year term |
| Monthly mortgage payment | £474 |
| Arrangement fee | Nil |
| Valuation fee | Nil |
Good Mortgage Solutions. Working with you, for you.