Divorce And Property Settlement
Divorce And Property Settlement - Divorce and property settlement arrangements can result in a former marital home or investment property being kept on after the divorce settlement. This may result in the property or properties being remortgaged due to a change of mortgagee. Clients looking to secure a successful application for their divorce and property settlement needs and requirements may have to overcome certain hurdles in order to obtain the financial package for them. For example, divorce and property settlement payments may include maintenance payments, part time income, child benefits or credits to enable one part y to upkeep the mortgage. Unfortunately, many lenders don’t recognise these payments as income in their assessments.
Specialist divorce and property settlement mortgage packages are specifically designed for the unusual financial situations involved in a divorce. They often recognise alternative income streams, such as maintenance and periodical payments and in doing so, improve the chance of a successful mortgage application. They may also have repayment arrangements which are more flexible at the beginning of the term to allow divorce and property settlement arrangements to be finalised. There are a variety of options on the market and our specialist advice can help you locate the package which suits y our situation.
As a UK divorce mortgage broker, we have the expertise and industry knowledge to locate a divorce and property settlement product which suits your particular circumstances. Our advisers understand that every divorce case is different and we will ensure we take into account your specific needs and requirements. In addition, we analyse suitable divorce and property settlement deals for their long term cost effectiveness and help you avoid unexpected charges or changes in rate. As a result, we hope to save you time and money.
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 for a mortgage for your divorce and property settlement needs, call us today. Our advisers look forward to helping you.