Another Mortgage Success Story

Mortgage with a Default

The Situation
The client was a first time buyer looking to buy a new build house. The house was still under construction. …They had a CCJ of just under £1,000 recorded in 2017. It was satisfied in 2020. They had tried a mortgage through another adviser but was declined because of the amount of CCJ involved. They were referred to us by one of our existing clients.

The Case of the Complexity
The case was not straightforward. A recent hard credit search had further lowered the credit score. In this case, a lender was required that should manually review the case instead of an automated credit check. Also, the lender should be willing to accept a CCJ of such an amount.

Course of Actions
We asked the client for the latest copy of their credit report. After the fact find meeting, we conducted detailed research to find suitable lenders. Enquiries were sent. Some lenders showed a green light. We chose the lender with the best deal. After applying, the lender requested additional information that we provided promptly.

Results
The client received a conditional offer because the house was still under construction. Upon completion of work, the lender conducted a second visit and issued a binding offer. The purchase was completed shortly after. The client has moved to their brand new house.

If you are in a similar situation or have other credit issues, contact us for a free case assessment.

Mortgage Success Story
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Foster Carer Mortgage

The client in this case was a self-employed foster carer. We helped them in getting a mortgage on the basis of their… gross receipts from the care provider. Click below to see how we assisted them in achieving their goal.

https://zasmortgages.co.uk/mortgage-case-studies/#foster-carer

Mortgage Case Studies | ZAS Mortgages & Protection

Our mortgage case studies explain how we have helped our clients in getting a mortgage and buying their dream homes.

zasmortgages.co.uk

Mortgage for EU Citizen on Pre-settled Status​

The clients in this case wrere EU citizens on pre-settled status. We successfully helped them in getting a mortgage with 10% deposit. Full …story here

https://zasmortgages.co.uk/mortgage-case-studies/#eu-citizen

Mortgage Success Story

Mortgage for EU Citizen on Pre-settled Status

The Situation
The clients were a couple both EU citizens on pre-settled status and first time buyers. They …had a 10% deposit. The husband was also on zero hours contract and the wife a housewife without any income. Their offer on a property had been accepted but couldn’t find a lender which could lend the required amount of loan.

Actions Taken
Most lenders require a 25% deposit for unsettled applicants. After thorough research and initial enquiries with multiple lenders, a suitable lender was found.

Results
Their case was prepared within 2 days and the application was submitted. Their mortgage was approved in 10 days.

If you are an EU citizen who is looking for a mortgage with a low deposit, feel free to contact us to discuss your case