Lender removes minimum income and increases maximum age.
Consistently in the know, we can announce that a mainstream lender will begin offering interest only mortgages with no minimum income requirement as of next week. The term available is also set to rise, with the maximum age increase further growing availability.
We consider this to be significant. Currently, wide mortgage market restrictions require either a joint or sole minimum income of some kind. maxadams.london welcome the news and look forward to offering our clients great flexibility from next week by utilising this criteria change. Want to discuss your options?
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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT
Max Adams Ltd is an Appointed Representative of HL Partnership Limited, which is authorised and regulated by the Financial Conduct Authority. The Financial Conduct Authority does not regulate some forms of buy to let, offshore mortgages, commercial loans or bridging loans. Your home may be repossessed if you do not keep up repayments on your mortgage. We do not charge a fee for residential mortgage advice. We charge an administrative fee for processing each of your mortgage contracts; our fees only apply when you decide to go ahead with an application. Standard residential and buy to let high street mortgages. The highest fee is up to £999, payable on application.
Private Bank and specialist mortgages The highest fee of 1% of the mortgage loan size applies of which £999 is payable on application with the balance payable on completion. Max Adams Ltd is a company registered in England and Wales with company number 7952988. Registered office: Brick House, 150a Station Road Woburn Sands, Milton Keynes, England, MK17 8SG. The information contained within this website is subject to the UK regulatory regime and is therefore targeted at consumers based in the UK. You voluntarily choose to provide personal details to us via this website. Personal information will be treated as confidential by us and held in accordance with the Data Protection Act 1998. You agree that such personal information may be used to provide you with details of services and products in writing, by email or by telephone.