Niche Advice are based in Vulcan way, New Addington Surrey CRO and can help clients get the best Right to Buy Mortgage.
Are you a Right to Buy homebuyer in New Addington, Croydon and Surrey looking for a reliable Right-to-Buy Mortgage Broker in the CR0 area, then you’ve come to the right site, just take a few moments to browse the “Customer comments”.
New Addington is our base and we aim to serve the Croydon CR0 community.
According to the data specialists Streetcheck.co.uk (as at 11/2/23), 56.6 percent of local households are still fully owned by the Council, and I’m guessing as your reading this post – you are one of them!
Being a homeowner brings enormous pride and this case you’re be joining the minority that have made it happen.
So why are so many people put off applying for a Right-to-Buy mortgage? Could it be the perception of their income, lifestyle or age that they simply are ruled out before they start? Read on, as there are many more solutions than you might think…
What makes the Best Right-to-Buy Mortgage Broker?
Picking the right Right-to-Buy Mortgage Broker can be a difficult task. It’s important to make sure you are getting the best advice and guidance when it comes to making such a large financial decision.
Niche Advice is a “whole of market” Right to Buy Broker which means we can pick from our 30 Right-to-Buy lenders (as at 11/2/23), all of which have different rules on acceptance so you’re in the right space to be helped. We are regulated by The Financial Conduct Authority and also follow our own “Extra Care code” which ensures that everything is re-explained and recapped before the case completes. The size of Right to Buy mortgage lender panel means you should receive the best possible mortgage product that means your needs and circumstances.
We are phone based and open 9am to 5:30pm, Monday to Friday, and are fully resourced with so we are certain you will never have to wait in an annoying phone queue and will be kept updated throughout the process.
We also provide optional support if needed to help choose a solicitor or arrange associated insurances.
What Right to Buy Mortgages can we offer?
The workers from New Addington come from all Sectors with a high percentages in: Retail, Health, Construction, Public Administrations and Defence, Education and Administration – all of which can present their own challenges but or Right-to-Buy Mortgage Experts can help even in the difficult situations, such as:
Employed applicants
- In a probationary period.
- Those working for family.
- High level of overtime or shift allowances.
- On the CIS scheme.
- Zero hour contracts with a 12 month track record.
- Part-time and multiple jobs.
- 100% commission.
- Paid in cash, provided it is placed in the bank straightaway.
Contact workers
- Fixed term.
- Daily rate.
- Multiple contracts.
Self employed applicants
- Sole Traders, Partnerships and Directors under Limited companies.
- Minimum 1 year’s track record.
- Latest year’s accounts figure.
- Declining net profits.
Other
- Income and term assessed on the youngest applicant’s age.
- Missed payments on mobile phones, mail order, credit cards, store cards, loans etc.
- County court judgments (CCJs) and defaults.
- Debt management plans (DMPs), Individual voluntary arrangements (IVAs), and bankruptcy.
- Spent criminal records. Not drugs or fraud related.
- Applicants who have had payday loans 6 to 12 months ago.
- Benefit income, personal independent payment and carer’s allowance; provided as least one applicant works and earns more than the benefit amount.
- Maintenance payments with a 3 to 6 month track record, including those that are not on a court order.
- All types of property considered, including high rise flats with deck/balcony access.
Conclusion:
Finding the best Right to Buy Mortgage Broker in New Addington Surrey isn’t easy but it’s worth taking your time and doing research into different Brokers before choosing one, and hopefully it’s us!
In your selection make sure you choose someone who has extensive knowledge about different Right to Buy mortgage products and that they are working from a “whole of market” panel and not a restricted number of lenders to ensure you can access the best deals.
Check their availability; are they a “one man band” or over bearing “corporate”. See how responsive they are to your questions and whether their use of language is helpful or confusing. By these little trials you will ensure the firm is right for you which is essential when making such an important financial decision as purchasing your Right to Buy home.
