YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
Abacus Financial Ltd is authorised and regulated by the Financial Services Authority and is entered on the FSA register under reference 461796. We charge a fee for mortgage advice and this is £99. Loans are subject to status, value and type of property. Think carefully before securing other debts against your home. The guidance and/or advice contained within this website is subject to the UK regulatory regime and is therefore targeted at consumers based in the UK. The FSA does not regulate all forms of the products or services we provide. Sometimes we may pass your enquiry to our trading style of Abacus Associates. These pages provide generic information about various aspects of financial services advice that we provide either directly or as a referral service through carefully selected partners, as well as possible areas of clients’ financial planning needs. We hope they are helpful to you but they do not, on their own, add up to proper advice and we cannot take responsibility for anything you do in reliance on them without further discussion with us. Please do not make a decision based upon the information contained within these pages alone. They are not detailed or comprehensive enough to enable you to make an informed decision which is tailored to your circumstances and needs. Abacus Financial Ltd is registered in England, Registered number 5301473, Registered Address: 4 Thomas More Square, London E1W 1YW. VAT Registration Number 977 2291 81
Mortgages
Want to know how much you could borrow? Having trouble getting a mortgage? Want to understand how moving your mortgage to a different lender can help you? Loads of questions... but no answers? We really can help you.
Remember that there are many mortgage and finance providers, offering literally thousands of deals, which change on a daily basis. Each lender has standard criteria, but will also have additional discretionary policies that will not be published or appear in any web search. Our experience, the volumes of business we place with these lenders and the contacts we have built up over the years will enable us to access the very best deals for you.
Once we have found you a suitable mortgage, applying for it is relatively simple. The first step is for your basic information to be forwarded to your chosen lender for an agreement in principle. To provide this agreement, the lender will carry out a credit search and your application will be assessed by an underwriter. Once the agreement in principle has been received from the lender, we can submit your full mortgage application.
The application will include any documentation that the lender requires in order to complete the mortgage (such as payslips (or accounts if you are self-employed), survey fee, passport etc). Once the lender has received a satisfactory survey on the property and all the requirements of your application have been fulfilled, your mortgage offer will be sent to you and your solicitor.
From this point, your solicitor drives the majority of the process, although we will be more than happy to help you with any queries using our experience to help you successfully complete your application.