Income & Credit
Buying a new home should be one of the most exciting experiences of your life, however, for some people the challenge of securing a mortgage can make it a stressful experience, Financial Advice Cardiff.
The positive news – is in an extremely competitive market, there are great number of lenders available, each offering their own individual products, each with their own individual lending criteria. Premier Financial Solutions looks carefully are your circumstances, to find the right product and lender, most suitable for your needs.
Lenders can consider many different forms of income these include:
- Rental Income
- Profit before Tax
- Salary and Dividends
- Child Tax and Working tax
- Overtime, Bonus,Commission
At Premier Financial Solutions, we have extensive experience in dealing with client’s individual circumstances and understand that things are not always perfect. By having access to the whole of market allows, us to deal with lenders who specifically cater for clients with adverse credit.
Circumstances that some lenders will accept:
- Late payments/arrears
- County Court Judgements (CCJ’s)
- Individual Voluntary Arrangements (IVA’s)
Your home may be repossessed if you do not keep up with repayments on your mortgage.
Think very carefully before securing debts against your home. Your mortgage is secured on your home. If you do not make your mortgage payments, you could lose your home.