Poll
Master broker smashes loan record with Together
Master broker Simply Loans has completed its largest ever loan.
The firm placed a £1m second charge mortgage with Together to help a client looking to purchase a property.
Simply Loans used a cross-charge against both the client’s existing residential home and a property that he owns with his ex-wife.
The deal was completed in five weeks and the client will use a significant annual bonus to partially pay off the secured loan.
Rachael Peach, loans adviser at Simply Loans, said: “We have not seen a sensitivity towards fees that might have been expected in 2016 and we don’t see that changing in 2017.
“What’s also encouraging is that lenders like Together are willing to go off-plan to agree larger applications and not necessarily underwriting these applications any more stringently than a smaller loan.”
The record deal follows Simply Finance Group’s acquisition by mortgage brokerage John Charcol in January 2016.
“The overall increase in large loan business for Simply Loans is mainly down to the London-centric nature of the Charcol account, as this has increased our average loan size and volume of business,” Rachael added.
“Outside of London we’re seeing clients consolidating debts, however, London clients are mainly using the funds for either property development, deposits for buy-to-lets or to help children to purchase their own properties as the bank of mum and dad.”
I well omega replica watches removed them, in I below. Those companions call fake rolex watches sounded like a bird chirp. Squeezed between the fragmentation omega replica of the basalt is cold crunching sound rolex replica watches of quicksand. Flat slopes gradually, I came to the edge of breitling replica watches the crater, a cement embankment covered with dark brown on top. I ran over to cartier replica watches see the cement, the steel roof covering the top: This is the beginning of replica watches the 22 century dome structure. It would appear that we have longines replica watches come to the right place. From my u boat replica watches current position.