Divorce

Mortgage On Divorce

Mortgage On Divorce - Mortgage on divorce refers to clients that seek mortgage solutions when undergoing or having finalised divorce. A mortgage on divorce may be required for a divorcee to buy a new property following separation, or may also be required to buy out their partner’s share of a property that may be under joint ownership. A divorce can have a large impact on the financial capabilities of the individuals involved; therefore it is essential that mortgage lenders assess how the divorce will affect the ability to actually pay for a mortgage on divorce. This will involve looking at maintenance payments, income, and expenditure following the divorce and how these payments are likely to change in the future. This is particularly true if there are children involved .

Our expert mortgage advisers are experienced in finding you a mortgage on divorce. We understand how a divorce may impact your financial situation and our experienced brokers are able to carefully analyse the impact of a divorce on our clients to determine a suitable mortgage rate after divorce. We understand that circumstances vary between couples therefore we offer a personalised and holistic approach that enables us to find the best rate available for you.

If you need any assistance why not speak to one of our Mortgage Advisers by calling 020 77 100 400 or Enquire Online.

Call a member of our advisory team today to receive a great deal and specialist advice on your mortgage on divorce.

Mortgage Separation

Mortgage Separation - Mortgage separation involves those separated or undergoing a divorce seeking mortgage solutions. A couple seeking a mortgage separation deal may struggle in the current climate. Even if the matrimonial home in question is shared equally between partners once their divorce is completed, it is likely that the property’s mortgage deeds would be changed to the sole name of the person living there. If mortgage separation clients stay in the property together to look after their children, the names of the deeds may not need to be changed.

Specialist mortgage separation deals are available and specially designed for those seeking post-separation finance. However, this may not be the best route available in the long run. For example, certain lenders nationwide may offer a low interest rate for a specified length of time to those seeking mortgage separation solutions. Nevertheless, this may be followed by a significantly higher rate later on.

Our team fully appreciate how difficult it can be for clients seeking mortgage separation finance. Aware of any potential time constraints you may have, we offer a bespoke and personalised service for your needs. As a comprehensive panel of lenders international mortgage broker, our specialist divorce mortgage advisory team have built up outstanding relationships with senior underwriters who provide finance for those with mortgage separation issues. Our links and contacts are likely to increase your chances of securing your application and allow us to obtain mortgage separation rates that may not be available to individuals on the open market.

Holding no bias towards any one particular lender, it is our role to find you the optimum financial result for you. Our mortgage separation advisers are experts in placing our clients with the right lender at the right rate but importantly at the right time.

If you need any assistance why not speak to one of our Mortgage Advisers by calling 020 77 100 400 or Enquire Online.

For help securing the best mortgage separation package for you, contact our specialist advisers today. We look forward to taking your call.

Mortgages And Divorce

Mortgages And Divorce - Mortgages and divorce have become a widespread problem in the UK with close to 4 out of 10 marriages ending in divorce (Wikipedia). This is why married people need to know how to handle their mortgages and divorce simultaneously should a divorce occur. Mortgages and divorce can cause people undue stress and financial problems if either one or both spouses cant keep up with their existing mortgage prepayments. It is therefore advisable to speak to one of our specialist advisers who can offer guidance and advice on how best to relieve you of your financial worries.

For those seeking the best mortgages and divorce deal, our experienced brokers will speak to you to assess how much you can borrow. We can take into account not only how much income you will have coming in, but also how that income is made up. So for divorced spouses receiving maintenance income support we will match you with the best lender willing to accept this as contributing to your net salary.

Once we have calculated how much your income is, we can then look at how much your monthly expenditure is likely to be following divorce. We will look at your future financial commitments such as credit cards and loans but also, as well as general household expenses including entertainment and social costs.

After taking your income and expenditure into account we will then be able to offer you the best mortgages and divorce package, at the right rate, with the right lender and most importantly one that meets each clients bespoke needs.

If you need any assistance why not speak to one of our Mortgage Advisers by calling 020 77 100 400 or Enquire Online.

Interested or looking for mortgages and divorce solutions? Call one of our specialist advisers. We look forward to taking your call.

Mortgages Divorce

Mortgages Divorce - Mortgages divorce packages are increasingly used by individuals during or following a divorce as they undergo significant changes in their finances. Mortgages divorce packages may be required for an individual to secure their partner’s share of a home or to buy a new home following the separation. Divorcee’s can often suffer from significant changes in their finances during a divorce as they are no longer able to combine income with their partners. Lenders will carefully analyse individual circumstances, taking into account maintenance payments or benefits to ensure applicants have sufficient finances and can afford their mortgages. Divorcee’s can often struggle obtaining divorce mortgages as many lenders fail to take into ac count child benefit s or working families tax credits.

As a divorce mortgage broker, we can give you the advice and assistance you require regarding your mortgages. Divorce settlements can be stressful both financially and emotionally. With our expertise and links to existing lenders offering mortgages, divorcees will receive a stress free service to find a suitable mortgage rate. We offer a personalised and holistic service that will suit your individual needs and requirements during or following a divorce.

If you need any assistance why not speak to one of our Mortgage Advisers by calling 020 77 100 400 or Enquire Online.

Require advice on your mortgages? Divorce mortgage experts from our advisory team look forward to securing the best deal for you.

Mortgages For Divorced

Mortgages For Divorced - Mortgages for divorced refers to divorced people or those undergoing a divorce seeking mortgages or finance. Despite many high street lenders becoming more aware of the divorced demographic, the recent credit crunch has seen many divorcees unable to obtain the right mortgages for their divorced needs. There still remain some lenders who are still willing to lend to clients with good credit, yet it must be appreciated that they are unlikely to offer an ideal package for nothing. There are providers of mortgages for divorced products who are willing to lend at a low rate for a specified length of time. However, this will most likely be followed by a high r ate later on in one’s mortgage.

Ideally, arranging a mortgage for divorce or after the divorce itself proceedings should not add to stress already experienced in sorting out post marriage finances. A specialist mortgages for divorced broker may have the expertise necessary to get you the best deal and minimise the inconvenience. This is where we can assist.

We have advisers who place mortgages for divorced clients with the right lender at the right rate, but importantly at the right time. It is our role to obtain the mortgages for divorced package which is the most suitable and affordable for you, achieving the optimum financial results for your individual needs and requirements.

Our team offer a bespoke and holistic advice service for all clients seeking mortgages for divorced solutions, taking you through all initial enquiries to the completion of your divorce mortgage application and beyond. We will quickly advise you as to whether a UK or international bank, local building society or private lender specialising in mortgages for divorced clients will be most suited to your individual transaction. Aware of any time constraints mortgages for divorced clients may also have, we can assist by completing all the relevant paperwork and documentation required to complete your mortgages for divorced transaction.

If you need any assistance why not speak to one of our Mortgage Advisers by calling 020 77 100 400 or Enquire Online.

Looking for mortgages for divorced solutions? Contact our team today

Mortgages For Divorcees

Mortgages For Divorcees - Mortgages for divorcees are mortgages available to recently divorced couples or those undergoing a divorce. Some mortgages for divorcees can be difficult to obtain because lenders try to ascertain whether the divorcees can afford to keep up with mortgage payments individually. However some lenders offering mortgages for divorcees can be considerate when you notify them that your circumstances are changing. In some cases the lender offering mortgage for divorcee’s solutions will be able to discuss with you the range of mortgage options that meet your changing circumstances.

Our clients may find such solutions hard to find so our experienced brokers can place you with the appropriate lender. We are associated with no particular mortgages for divorcees lender, but using our comprehensive panel approach, we can search the market for the best deal to suit your needs and requirements

In order to ensure you meet our mortgages for divorcees lender requirements, we can take you through a detailed fact find and ascertain the rate that is affordable for you. By looking at your new net income and total expenditures following a divorce we will then be able to match you with the right lender for your individual financial circumstances. We pride ourselves in providing tailor made assistance to ensure we can obtain the most competitive and cost effective rate for each client

If you need any assistance why not speak to one of our Mortgage Advisers by calling 020 77 100 400 or Enquire Online.

For more information on our mortgages for divorcees, call one of our advisers today

Refinancing Mortgage Divorce

Refinancing Mortgage Divorce - Refinancing mortgage divorce packages are specialised mortgages for those undertaking or who have finalised divorce settlements. Refinancing mortgage divorce deals allow those involved with divorce to refinance their mortgage if they are not planning to sell the marital home. This is often necessary if the names on the mortgage deed are changed as a lender will consider this a new agreement with a different individual. Refinancing mortgage divorce packages may not be as easy to secure as other mortgage products for a variety of reasons.

If one party is staying in the marital home, some providers do not take into account divorce maintenance payments when assessing a remortgage. This can cause problems for the remaining home owner – particularly if they do not have their own income stream.

Although not feasible in all situations, some divorcees may continue to co-own a home and keep it for investment purposes, such as to let out. This may be an option if house prices are weak. In this case, a new mortgage may still need to be arranged as many lenders may not be willing to lend on the same terms when the use of the property changes. As the two owners may now have new, separate mortgages, a refinance mortgage divorce package may also be difficult to secure.

The assistance of a specialised mortgage broker can be helpful in securing a refinancing mortgage divorce product. Our advisers know the market inside out and have a number of industry contacts. This enables us to secure packages that may not be available on the open market. We have substantial experience arranging refinancing mortgage divorce deals and this enables us to have a good idea of the likelihood of you succeeding in an application. We will only recommend that you apply for a mortgage product if we genuinely believe you have a good chance of success.

If you need any assistance why not speak to one of our Mortgage Advisers by calling 020 77 100 400 or Enquire Online.

To secure a refinancing mortgage divorce package which suits your needs, call us today. Our advisers look forward to taking your call.

Separation Mortgage

Separation Mortgage - Separation mortgage refers to those seeking a mortgage during or after separation. This may be to buy out a partner’s equity in a current home or to purchase a new property following a divorce or separation. Separation mortgage lenders must thoroughly assess applicants’ financial situations as it is likely that their income and expenditure can change significantly following a divorce. Separation mortgage lenders will consider any children involved, the role of each partner, previous mortgage payments on a property, the income each individual, expenditure and how these factors may change in the future. This enables them to be able to determine the financial capabilities of an applicant during and following a divorce.

Separation mortgage seekers may need to prove that they can afford mortgage payments without the extra financial aid of their previous partner. Lenders may fail to take into account child benefits and working families’ tax credits into account which can make it difficult for single parents to obtain a mortgage following a separation. Providers of specialist separation mortgages are more likely to take these factors into account.

As a specialist separation mortgage broker we can offer those seeking a separation mortgage the advice and assistance required. We understand that this is an difficult and stressful time for applicants and we can use our expertise and links with existing separation mortgage lenders to facilitate the process and overcome any problems faced. We offer a holistic and personalised service responding to the individual needs of separated mortgage seekers.

If you need any assistance why not speak to one of our Mortgage Advisers by calling 020 77 100 400 or Enquire Online.

If you are looking to obtain a separation mortgage, call our expert team of separation mortgage advisers today to find the best deal for you.

How to get in touch

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Residential - Purchase - Best Buys


LenderInitial
Rate
Mortgage
Type
For/Until Subsequent
Rate
The overall
cost for
comparison is
Early Repayment
Charge
Arrangement
Fee
Loan
to
Value
Details
Progressive BS 2 Year Discount No Fee Purchase BPG1.22%Discount2 years 4.75%4.28%APRC2 years £060%
Product Code: 37N
Product Name: 2 Year Discount No Fee Purchase
Lender Code: BPG
Lender Name: Progressive BS
Initial Pay Rate: 1.22
Mortgage Class: Discount
Initial Rate Period: 2 years
Initial Rate Period Months: 24
Standard Variable Rate: 4.75
Apr Lenders: 4.28
Early Repayment Charge Applies Until: 2 years
Early Repayment Charge Period Sort Field: 1439
Initial Monthly Payment: 464.30
Monthly Payment After Initial Period: 665.91
Fees Total: 170.00
True Cost: 0.00
True Cost Over Initial Period: 11313.20
Cashback: 0.00
Valuation Fee: 0.00
Arrangement Fee: 0.00
Booking Fee: 0.00
Higher Lending Charge: 0.00
Max LTV Available: 60
Product Type: Residential
Mortgage Discharge Fee: 85.00
Deeds Release Fee: 85.00
Product Match Status: Available
MaxLoan Available: 500000.00
Legal Fee: 117.50
Detail
Barclays Bank 2 Year Tracker £1999 Fee Purchase No ERC BWO1.24%Tracker2 years 3.99%3.6%APRC £199960%
Product Code: 001D4T
Product Name: 2 Year Tracker £1999 Fee Purchase No ERC
Lender Code: BWO
Lender Name: Barclays Bank
Initial Pay Rate: 1.24
Mortgage Class: Tracker
Initial Rate Period: 2 years
Initial Rate Period Months: 24
Standard Variable Rate: 3.99
Apr Lenders: 3.6
Early Repayment Charge Period Sort Field: 0
Initial Monthly Payment: 473.16
Monthly Payment After Initial Period: 629.41
Fees Total: 2114.00
True Cost: 0.00
True Cost Over Initial Period: 11470.84
Cashback: 0.00
Valuation Fee: 0.00
Arrangement Fee: 1999.00
Booking Fee: 0.00
Higher Lending Charge: 0.00
CHAPS Fee: 35
Max LTV Available: 60
Product Type: Residential
Mortgage Discharge Fee: 80.00
Deeds Release Fee: 0.00
Product Match Status: Available
MaxLoan Available: 2000000.00
Legal Fee: 126.00
Lender Product Reference: AR50
Detail
Platform Intermediary 2 Year Tracker £999 Fee CTS1.24%Tracker2 years 4.74%4.3%APRC2 years £99960%
Product Code: 0023CB
Product Name: Intermediary 2 Year Tracker £999 Fee
Product Availability: Intermediaries Only
Lender Code: CTS
Lender Name: Platform
Initial Pay Rate: 1.24
Mortgage Class: Tracker
Initial Rate Period: 2 years
Initial Rate Period Months: 24
Standard Variable Rate: 4.74
Apr Lenders: 4.3
Early Repayment Charge Applies Until: 2 years
Early Repayment Charge Period Sort Field: 1437
Initial Monthly Payment: 469.28
Monthly Payment After Initial Period: 670.94
Fees Total: 1159.00
True Cost: 0.00
True Cost Over Initial Period: 11422.72
Cashback: 0.00
Valuation Fee: 0.00
Arrangement Fee: 999.00
Booking Fee: 0.00
Higher Lending Charge: 0.00
Max LTV Available: 60
Product Type: Residential
Mortgage Discharge Fee: 106.00
Deeds Release Fee: 54.00
Product Match Status: Available
MaxLoan Available: 1500000.00
Legal Fee: 0.00
Lender Product Reference: M1244
Detail
Furness BS 2 Year Discount £999 Fee (Scottish) BFU1.24%Discount2 years 5.54%4.8%APRC2 years £99975%
Product Code: 002BU2
Product Name: 2 Year Discount £999 Fee (Scottish)
Lender Code: BFU
Lender Name: Furness BS
Initial Pay Rate: 1.24
Mortgage Class: Discount
Initial Rate Period: 2 years
Initial Rate Period Months: 24
Standard Variable Rate: 5.54
Apr Lenders: 4.8
Early Repayment Charge Applies Until: 2 years
Early Repayment Charge Period Sort Field: 1424
Initial Monthly Payment: 469.36
Monthly Payment After Initial Period: 722.84
Fees Total: 1434.00
True Cost: 0.00
True Cost Over Initial Period: 11679.64
Cashback: 0.00
Valuation Fee: 270.00
Arrangement Fee: 999.00
Booking Fee: 0.00
Higher Lending Charge: 0.00
CHAPS Fee: 20
Max LTV Available: 75
Product Type: Residential
Mortgage Discharge Fee: 120.00
Deeds Release Fee: 25.00
Product Match Status: Available
MaxLoan Available: 1000000.00
Legal Fee: 105.00
Lender Product Reference: DS303
Detail
Furness BS 2 Year Discount £999 Fee BFU1.24%Discount2 years 5.54%4.8%APRC2 years £99975%
Product Code: 002BU3
Product Name: 2 Year Discount £999 Fee
Lender Code: BFU
Lender Name: Furness BS
Initial Pay Rate: 1.24
Mortgage Class: Discount
Initial Rate Period: 2 years
Initial Rate Period Months: 24
Standard Variable Rate: 5.54
Apr Lenders: 4.8
Early Repayment Charge Applies Until: 2 years
Early Repayment Charge Period Sort Field: 1424
Initial Monthly Payment: 469.36
Monthly Payment After Initial Period: 722.84
Fees Total: 1434.00
True Cost: 0.00
True Cost Over Initial Period: 11679.64
Cashback: 0.00
Valuation Fee: 270.00
Arrangement Fee: 999.00
Booking Fee: 0.00
Higher Lending Charge: 0.00
CHAPS Fee: 20
Max LTV Available: 75
Product Type: Residential
Mortgage Discharge Fee: 120.00
Deeds Release Fee: 25.00
Product Match Status: Available
MaxLoan Available: 1000000.00
Legal Fee: 105.00
Lender Product Reference: DS303
Detail
Beverley BS 2 Year Discount £1895 Fee BBV1.28%Discount2 years 4.75%4.2%APRC2 years £189565%
Product Code: S83
Product Name: 2 Year Discount £1895 Fee
Lender Code: BBV
Lender Name: Beverley BS
Initial Pay Rate: 1.28
Mortgage Class: Discount
Initial Rate Period: 2 years
Initial Rate Period Months: 24
Standard Variable Rate: 4.75
Apr Lenders: 4.2
Early Repayment Charge Applies Until: 2 years
Early Repayment Charge Period Sort Field: 1439
Initial Monthly Payment: 475.00
Monthly Payment After Initial Period: 676.79
Fees Total: 2365.00
True Cost: 0.00
True Cost Over Initial Period: 11870.00
Cashback: 0.00
Valuation Fee: 245.00
Arrangement Fee: 1895.00
Booking Fee: 0.00
Higher Lending Charge: 0.00
CHAPS Fee: 25
Max LTV Available: 65
Product Type: Residential
Mortgage Discharge Fee: 175.00
Deeds Release Fee: 25.00
Product Match Status: Available
MaxLoan Available: 750000.00
Legal Fee: 117.50
Detail
Santander UK Plc 2 Year Fixed £999 Fee (Scottish) CAN1.29%FixedApr-20204.74%4.1%APRC02-Apr-2020 £99960%
Product Code: 001EC0
Product Name: 2 Year Fixed £999 Fee (Scottish)
Lender Code: CAN
Lender Name: Santander UK Plc
Initial Pay Rate: 1.29
Mortgage Class: Fixed
Initial Rate Period: Apr-2020
Initial Rate Period Months: 27
Standard Variable Rate: 4.74
Apr Lenders: 4.1
Early Repayment Charge Applies Until: 02-Apr-2020
Early Repayment Charge Period Sort Field: 1443
Initial Monthly Payment: 472.07
Monthly Payment After Initial Period: 669.01
Fees Total: 1259.00
True Cost: 0.00
True Cost Over Initial Period: 13005.89
Cashback: 0.00
Valuation Fee: 0.00
Arrangement Fee: 999.00
Booking Fee: 0.00
Higher Lending Charge: 0.00
CHAPS Fee: 35
Max LTV Available: 60
Product Type: Residential
Mortgage Discharge Fee: 225.00
Deeds Release Fee: 0.00
Product Match Status: Available
MaxLoan Available: 1000000.00
Legal Fee: 184.75
Lender Product Reference: MC30R / MC30V
Detail
Santander UK Plc 2 Year Fixed £999 Fee CAN1.29%FixedApr-20204.74%4.1%APRC02-Apr-2020 £99960%
Product Code: 001EC1
Product Name: 2 Year Fixed £999 Fee
Lender Code: CAN
Lender Name: Santander UK Plc
Initial Pay Rate: 1.29
Mortgage Class: Fixed
Initial Rate Period: Apr-2020
Initial Rate Period Months: 27
Standard Variable Rate: 4.74
Apr Lenders: 4.1
Early Repayment Charge Applies Until: 02-Apr-2020
Early Repayment Charge Period Sort Field: 1443
Initial Monthly Payment: 472.07
Monthly Payment After Initial Period: 669.01
Fees Total: 1259.00
True Cost: 0.00
True Cost Over Initial Period: 13005.89
Cashback: 0.00
Valuation Fee: 0.00
Arrangement Fee: 999.00
Booking Fee: 0.00
Higher Lending Charge: 0.00
CHAPS Fee: 35
Max LTV Available: 60
Product Type: Residential
Mortgage Discharge Fee: 225.00
Deeds Release Fee: 0.00
Product Match Status: Available
MaxLoan Available: 1000000.00
Legal Fee: 184.75
Lender Product Reference: MC30R / MC30V
Detail
Saffron BS 3MC 2 Year Discount No Fee BSA1.29%Discount2 years 5.39%3.9%APRC2 years £060%
Product Code: 001SNV
Product Name: 3MC 2 Year Discount No Fee
Product Availability: Intermediaries Only
Lender Code: BSA
Lender Name: Saffron BS
Initial Pay Rate: 1.29
Mortgage Class: Discount
Initial Rate Period: 2 years
Initial Rate Period Months: 24
Standard Variable Rate: 5.39
Apr Lenders: 3.9
Early Repayment Charge Applies Until: 2 years
Early Repayment Charge Period Sort Field: 1439
Initial Monthly Payment: 468.31
Monthly Payment After Initial Period: 644.05
Fees Total: 510.00
True Cost: 0.00
True Cost Over Initial Period: 11714.44
Cashback: 0.00
Valuation Fee: 395.00
Arrangement Fee: 0.00
Booking Fee: 0.00
Higher Lending Charge: 0.00
CHAPS Fee: 35
Max LTV Available: 60
Product Type: Residential
Mortgage Discharge Fee: 80.00
Deeds Release Fee: 0.00
Product Match Status: Available
MaxLoan Available: 1000000.00
Legal Fee: 500.00
Lender Product Reference: DR0602
Detail
Saffron BS ATOM 2 Year Discount No Fee BSA1.29%Discount2 years 5.39%3.9%APRC2 years £060%
Product Code: 001SNW
Product Name: ATOM 2 Year Discount No Fee
Product Availability: Intermediaries Only
Lender Code: BSA
Lender Name: Saffron BS
Initial Pay Rate: 1.29
Mortgage Class: Discount
Initial Rate Period: 2 years
Initial Rate Period Months: 24
Standard Variable Rate: 5.39
Apr Lenders: 3.9
Early Repayment Charge Applies Until: 2 years
Early Repayment Charge Period Sort Field: 1439
Initial Monthly Payment: 468.31
Monthly Payment After Initial Period: 644.05
Fees Total: 510.00
True Cost: 0.00
True Cost Over Initial Period: 11714.44
Cashback: 0.00
Valuation Fee: 395.00
Arrangement Fee: 0.00
Booking Fee: 0.00
Higher Lending Charge: 0.00
CHAPS Fee: 35
Max LTV Available: 60
Product Type: Residential
Mortgage Discharge Fee: 80.00
Deeds Release Fee: 0.00
Product Match Status: Available
MaxLoan Available: 1000000.00
Legal Fee: 500.00
Lender Product Reference: DR0602
Detail

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

The mortgage products displayed above are as a result of the following search: Reason for Mortgage: Purchase; Property Valuation: £200000; Mortgage Amount: £120000; Payment Method: Repayment; Mortgage Term: 25 years; Mortgage Product: All Offset: No Product Term Period From: 0 Months; Product Term Period To: 300 Months; . For a more accurate quotation please use our Quick Mortgage Quote facility.

Mortgage product availability is subject to status and availability.

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