Please welcome the newest addition to the re-mortgage sector, simpleukremortgages.com, a trading style of First Union. We are pleased to welcome them to our increasing merchant portfolio. First Union has an experienced team of underwriters, who can place applications from an array of circumstances.
Criteria is simple
• Permanent UK mainland resident with a minimum household income of £25k
• Employed/Self-employed.
• Maximum 80% LTV
• No current mortgage arrears
• No more than 1 missed in the last 3 months and a maximum of 3 in the last 12 months
• Standard construction property (brick, tile or stone)
• No Bankrupts or IVAs
• No shared ownership
• Loan amount must be £10k above existing mortgage amount including any current secured borrowing
Payout to affiliates is £45 for the application and an extra tier of £75 for issued docs, Usual contactable rules apply.
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