Many lenders won’t look beyond an average of your last two years’ dividends and director’s salary. At Pinnacle we understand that a business owners’ remuneration can be far more complex than that. We have established relationships with lenders who can consider net profit, gross profit, management accounts, retained profits, explainable losses and one-off expenses, new and growing companies, business plans, bank statements, pension contributions, director’s loans, contract work, asset-based income, rent, multiple income streams and bespoke situations.
Our specialist lending experts spend time getting to know our customers and will gladly talk through your business model with you to understand which lenders will be able to meet your borrowing requirements.
Depending on your circumstances you may have a wide selection of mortgage companies willing to offer you the mortgage you desire. With access to thousands of mortgage deals, our experts will find you the most suitable deal.
The minimum deposit required is 5%. By reaching 10%, or beyond, you will find that your options greatly improve, alongside the interest rate offered. There may also be minimum deposit requirements if you are purchasing a flat, which we can advise.
We have vast experience in this area, and offer tailored, strategic, poor credit mortgage advice, with the view to getting you the mortgage that you desire.
We deal frequently with those who may have had a mortgage already refused. Due to the scope of our access it is very likely that we can find an alternative option that turns your negative in to a positive. The key is understanding why your mortgage failed in the first place.
This depends on a thorough review of your income and committed expenditure. Lenders very significantly in what they offer, in terms of reviewing your overall profile. Sadly this is not a simply answer, which is why you want your mortgage in safe hands.
We offer a wide range of mortgages from buy to let solutions, re-mortgages through to first time buyer and high mortgage loans. Your options range from fixed rate deals, through to tracker, discounted, or variable mortgages.