Our client was looking to buy a property to move from expensive rental accommodation, but due to adverse credit was unable to get a mortgage with the deposit available.
We suggested an alternative approach, whereby the client could approach his parent to release some equity from their property to assist in the purchase. With this additional deposit available, the client was able to obtain a mortgage, saving them thousands of pounds in ongoing rental costs.
The best way we can help you is to have a quick conversation to understand your situation and recommend appropriate products. Contact us today for a no-obligation discussion.
Your home may be repossessed if you do not keep up repayments on your mortgage. Equity Release may affect the size of your estate and could affect your entitlement to current and future means-tested benefits. To understand the features and risks on an Equity Release product, ask for a personalised illustration.
If you wish to register a complaint, please contact Ian Scott, Scott & Goose, Brickfield House, Thornwood, Epping, CM16 6TH, tel 01992 563644.
A summary of our internal complaints handling procedures for the reasonable and prompt handling of complaints is available on request and if you cannot settle your complaint with us, you may be entitled to refer it to the Financial Ombudsman Service at www.financial-ombudsman.org.uk or by contacting them on 0800 023 4 567.
