Aldcroft:Burrows

Mortgage Services Limited

As we are all too aware, divorce is sadly an ever increasing area of our business.

Frequently, the mortgage is the biggest single financial commitment for both parties, and the former matrimonial home, the biggest single asset.  Recently, we have increasingly been asked to offer support to individuals hoping to buy out the partner’s equity.

Proper advice is essential and we are confident that at Aldcroft Burrows we have developed a service that may prove extremely beneficial to couples facing this dilemma. In particular, our knowledge of which lenders will accept maintenance payments and Tax Credits as types of income, is vital.

As part of the service, we will

• Calculate the maximum loan available in the changed circumstances
• Review the viability of one party keeping the current mortgage
• Comment on life cover, both existing and new
• Provide advice and comment regarding a Will
• Provide a female adviser, if you feel more comfortable

We offer a view of the entire market and can provide a written report on the viability of you being able to keep your current mortgage, or alternatively, advice relating to the most appropriate lender in your changed circumstances. Also, we do not currently charge a broker fee for arranging a residential mortgage or re-mortgage.

Please do not hesitate to contact us if you feel we can be of any assistance at what we appreciate is often a most distressing time.

Please note that we cannot act for both parties simultaneously.

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