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These examples explain situations worth discussing. They are not records of actual clients, approvals, quotations or completed transactions. Any outcome would depend on an individual assessment.
A borrower proposes selling an asset to repay capital. Its value, availability and the lender's acceptance need evidence.
The aim is to identify the questions and evidence that matter before making a commitment. A short outline is enough to begin; detailed records can follow through an agreed secure route.
A homeowner wants some capital repayment and some interest-only borrowing. Each balance needs an appropriate plan.
The aim is to identify the questions and evidence that matter before making a commitment. A short outline is enough to begin; detailed records can follow through an agreed secure route.
An existing borrower no longer expects the original repayment vehicle to be sufficient. The shortfall needs discussion before the term ends.
The aim is to identify the questions and evidence that matter before making a commitment. A short outline is enough to begin; detailed records can follow through an agreed secure route.
A buyer or homeowner wants to discuss interest-only mortgages. Two points need attention: loan amount and proposed term; evidence of the repayment vehicle. The lender must accept the proposed capital repayment route. The evidence and the decision need to be considered together rather than in isolation.
The aim is to identify the questions and evidence that matter before making a commitment. A short outline is enough to begin; detailed records can follow through an agreed secure route.
A buyer or homeowner has started a conversation about interest-only mortgages, but the brief has changed. The review revisits two points: property and other asset details; income and existing commitments. The next step is agreed using the updated facts, with any unresolved questions recorded.
The aim is to identify the questions and evidence that matter before making a commitment. A short outline is enough to begin; detailed records can follow through an agreed secure route.
The lender must accept the proposed capital repayment route. That may require evidence of assets, a sale plan or other resources, depending on its policy. We also consider a part-repayment structure and what happens if your circumstances change.