Unusual Risks are delighted to announce the launch of their new “Large Mortgage” Advice Service called Unusual Mortgages. The service is designed to assist consumers who are particularly looking for large mortgage funding such as Company Executives, British Expatriates, Celebrities, Sports People, Professional Buy To Let Landlords and Property Developers.
The Unusual Mortgage Service has been developed following the recent changes within the mortgage industry around the sanctioning and agreeing of mortgage loans. There are now many new consumers that may feel inclined to seek professional Independent Mortgage Advice, but are questioning some of the high arrangement fees being charged by brokers for more complex large mortgage situations.
Speaking about the Unusual Mortgage Service, *Chris Morgan, Lead Financial Adviser of Unusual Risks said;
‘Unusual Mortgages offers highly experienced and expert advice from an industry leading financial adviser* in return for highly competitive fixed arrangement fees. On a number of occasions we have met clients who have been quoted elsewhere, broker arrangement fees of between 1% and 1.5% of the mortgage, which can equate to literally thousands of pounds of extra fees’.
‘We have now developed a business model and professional advice process that allows us to offer Independent Mortgage Advice at highly competitive fixed broker fees. Unusual Mortgages have recently saved one particular “Large Loan” client literally thousands of pounds in arrangement fees and total interest payable over the term of his loan’.
The “Large Mortgage” client in question had been quoted elsewhere an arrangement fee of 1.35% of their total Buy To Let mortgage which equated to £2700 of extra fees. In comparison Unusual Mortgages charged the client a fixed broker fee, which equated to almost £2000 in savings in upfront arrangement fees.
Unusual Mortgages has also saved the same client thousands of pounds of interest on a Development Mortgage Loan to build a further property, as they were able to negotiate a lower interest rate on a mortgage of £300,000. The saving totalled £14,000 in interest over the 12 month term of the Development Loan highlighting the benefits of seeking qualified expert financial advice.
Visit www.unusualmortgages.co.uk for our free Large Mortgage Fact Sheet
If you require more information about Unusual Mortgages our Award Winning Lead Financial Adviser Chris Morgan can be reached at enquiries@unusualmortgages.co.uk or by phoning 0845 474 3075.