What can go wrong

What can go wrong

There are a few things that could go wrong and here are some of them:

  1. You get refused for a mortgage with our lender.  If this happens then there is nothing we can do.  We will refund any fees you have paid us if this happens.
  2. The property does not value up enough.  Two things can happen.  It may mean that you will have to put down something.  This could be 1% up to 15% of the purchase price.  It will be up to you.  The good thing is you can walk away if you want as you will not be legally committed to buy.  You can trust however we will do all that we can to get the property valued up as high as possible.  We have people trained in steering the property's value to the higher end of the market value range of the property.  Or we can simply go back to the vendor and get them to reduce the price.
  3. The lender withdraws the loophole.  If this happens we will search for alternatives in the market.  If none exist then we can use a more sophisticated no money down technique which is a bit more complex but can be done.  There will be slightly more fees involved but the choice will be yours.  If you are in the middle of the property purchase then at least you have an alternative.
Worked Example






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