Typically large loans need extra care with their positioning on application, and strong ties with lender contacts are key as ‘tick box’ or ‘computer style’ underwriting rarely achieves the desired outcome. Rate is also paramount as the slightest differential in basis points makes a significant difference in monthly cost. Therefore, the fact we are totally independent and can access the whole of the market cannot be understated.

Avoid the Sausage factory

Our Customers often derive income from multiple sources and countries, and therefore require our involvement to discuss their circumstances with lender’s senior management and underwriters and negotiate terms on their behalf.

In is not uncommon for our Customers to have tried the traditional lending institutions themselves before they cross our path. Often the reason for their call is they have been let down and infuriated by the frontline lender personnel who are far removed from the decision makers and can only quote word-for-word from their underwriting manuals and offer a limited range of products.

This has meant the deal has never get off the ground or has been turned down at a later stage in the process (normally down to overall lack of understanding) and this ultimately this costs time and risks the possibility of being ‘gazumped’.

Realise the potential

Taking on a large mortgage commitment can be daunting but you should remember that property prices nearly always rise in the medium term, and mortgages in excess of one million pounds are common place in London – with hot spots such as: Chelsea; Kensington; Notting Hill and Kingsbridge often reaching tens millions of pounds – but I suppose that’s to be expected.

If you consider you could buy a house in Clapham, Ealing or East Finchley for around £400k ten years ago that very same property is likely to be worth over a £1m now. This simply illustrates that if you can afford to get in at the higher end of the market you can outstrip most other types of investment yield.

And don’t just sit there and kick yourself thinking you have missed that band wagon, consider joining in because it’s an ongoing feast. In fact, with a huge influx of foreign investors buying in London (as they recognise the value and security in the area) the curve is shooting up as fast as ever.

Why us

So why choose us? Well unlike most mortgage brokers we have fully qualified independent financial advisors in our ranks, and do not just deal with Abbey and Halifax we have access to an array of private banks that are much more commercially astute and not set on chasing market share from middle and lower England.

Our private bank partners understand that income does not start and end with a PAYE basic salary. They can appreciate the value of irregular income, commission, bonuses, dividends, investment portfolios and property.

They also understand the make up of on-and-offshore limited companies and the reasons why ‘creative accountancy’ exists, and can drill down to the actual company value rather than look solely at the baseline net profit figure that traditional lenders get so fixated on.

Don’t get me wrong it’s still not a walk in the park but our input will get you proper hearing.

For example here are some of the customer’s profiles we help:

Mortgages for Investment Bankers – Mortgages for applicants with modest basic salaries with large bonuses or share options
I know this is a sensitive subject right now but I make no apologises for recognising that this is embedded in the City of London culture and a definite need. Traditional lenders have never managed to get their heads around this ‘remuneration style package’ as their institutions are run by opposite structures, particularly the building societies that are conservative by definition.

International Property Landlords – Rental income through SPVs.
Mention income from abroad to a high street building society and they will turn their noses up. Mention special purpose vehicles and they will probably think you are about to drive a tank and call security! The reality is our lender partners understand different company structures and the tax efficient benefits they bring.

Retired – Investment income and pensions.
Fixed bonds, company pensions and share portfolios are all up our street.

In fact, provided you can demonstrate your income on a statement we will probably be able to help. What’s more we will match you with the right lender from the outset and negotiate a product you deserve.

For more information on our Private Clients offering please contact me directly on T: 0207 993 2044.

Small deposit for a home – we can make your income stretch further get the mortgage that helps you

A bigger home – now that’s a nice thought isn’t it! Despite the hash economic back-drop average house prices actually rose last year. Great if you are in your dream home but tough on the majority of us.

History dictates that the recent baby boom is indicative of recessions. The need to move onwards and upwards is real but let’s face it jobs are generally under threat so understandably we are rightly cautious, and do not want to over commit.

It could be that you are simply one of the thousands of first time buyers stuck at home with your parents or in rented accommodation – as property appears to move further and further out of reach. Lenders are simply unwilling to lend to a level that makes it worthwhile or are asking for unreasonable levels of deposit.

Even taking down the Christmas Decorations often leads people to rethink their habitat but it is not as easy to move house as it once was.

Whatever the reason most of us what prefer a bigger home – and now its possible!

Good news

That’s right Niche Advice has access to an array of shared ownership mortgages that allow you to purchase as little as 25% share in a sizeable housing association house; move straight in, and then increase your level of ownership over time.

Read on to find out how you could be living a much bigger house in a matter of months. The deposit amount is based on the amount of share purchased eradicating the need to save and save for a new home.

See the tables below which give you an indication of houses you could purchase based on your income:

10% deposit

5% deposit

Income is net of commitments such as loan or credit card payments.

You must be in stable occupation and have clean credit. Housing Association homes tend to be modern and built in the last 15 years.

I’m Here To Offer Impartial Advice

I’m always available to discuss your requirements or respond to your emails.

I have access to the whole of the market and will do my best to look after your interests. My firm is not linked to any bank, building society or estate agent so we have offer impartial advice at all times.

Dont forget you can always call me on 020 7993 2044 or email on info@nicheadvice.co.uk

Seasons greetings. I thought I drop you a line on the latest in the world of mortgages in the run up to the festivities.

Christmas time is a normal time to start looking around for a new house as your decorations and visitors can bring the realisation that you may need more space. The trick is to be first out of the blocks ahead of all the other would-be purchasers who have also made New Year Resolutions to move. Next year will see a greater scramble as the first time buyers will see the Stamp Duty threshold drop back to £125,000 on 25th March 2012 from £250,000.

So to give yourself a practical head-start over the competition you should obtain a ‘Decision-In-Principle’ (DIP) from the lender. That way you can approach the estate agent knowing that your finance is in place thus improving your standing and negotiation power. We can help you obtain a DIP ahead of the New Year and once in place it can last 2 to 6 months (and can often be easily extended) which should give you ample time to search in earnest for the home you want.

Here is a quick list of the some of the customers we can now help:

•    Up to 6 times income
•    Self employed with one year’s accounts
•    Employed applicants in a probationary period
•    Purchases with 10% deposit*
•    Capital raising remortgages to 85% of the property value
•    Buy-to-lets with just a 15% deposit
•    Self build projects
•    Adverse credit history

* Just 5% deposit if you are able to get support from your parents (subject to geographic location).

Products of the Week

Residential
2.45%, Bank of England Base Rate plus 1.95% for 2 years
£495 lender’s arrangement fee.
Overall cost of comparison APR 5.0.
This offer requires a minimum deposit or equity of 25%.

4.19%, 1.45% discount for 2 years
£1,090 lender’s arrangement fee.
Free valuation.
Overall cost of comparison APR 5.5.
This offer requires a minimum deposit or equity of 10%. Fees cannot be added.

Buy-to-let
3.39%, Bank of England Base Rate plus 0.50% until 31/12/2013
1% lender’s arrangement fee.
Free valuation. Free basic remortgage legal fees.
No early repayment charges.
Ideal for novice and professional landlords.
Overall cost of comparison APR 5.0.
This offer requires a minimum deposit or equity of 40%.

I’m Here Offer Free & Impartial Advice

I’m always available to discuss your requirements or respond to your emails.

I do not charge a fee in the majority cases, and have access to the whole of the market. My firm is not linked to any bank, building society or estate agent so we have offer impartial advice at all times.

This week news is very positive indeed as it has witnessed lender’s starting to relax their affordability criteria.

We can now offer six times single or joint income a massive step forwards in terms of borrowing potential. If I have quoted you in the past and you came up short now is the ideal time to revisit this so I urge you to call before the lenders change their policy.

The enhanced borrowing mortgage is open to customers with at least a 10% deposit (or 10% equity if remortgaging) who have a good credit record and credit score. I can normally obtain a formal decision from a lender on the amount you can borrow within a day. So why not call now to see if you qualify and find out where you stand?

First Time Buyer / Guarantor Solution

Guarantor mortgages are a very useful way of climbing on the mortgage ladder however traditionally they were reserved for applicants on a defined career progression, such as trainee accountants and solicitors, whose parents would ‘guarantee’ the payments and be accountable for one hundred percent of the liability. So only the select few would qualify and even if they did their parents were reticent.

Well – good news! – We can now rip up the onerous rule book and can provide a solution with a much broader appeal:

* Designed for those short on income
* Not restricted by the nature of the occupation
* Do not need to be on a career progression
* Family members or someone with a close long-term relationship to the applicant can act as guarantors (former spouses will not be accepted).
* Minimum deposit 15% (25% for new build flats)
* Guarantors need to demonstrate affordability to cover their existing commitments as well as the new mortgage
* Guarantors can limit their liability to 30% (40% if the mortgage defaults).
* Open to applicants and guarantors resident in the UK without impaired credit

Homemover Solution

Want to borrow more but the ‘computer says no’.  I may have the very solution for you:

* Decisions made by an underwriter not a computer points system
* Established businesses that need affordability assessed on the latest year’s figures
* Self employed trading one year welcomed
* Inland Revenue SA302s taken in lieu of accounts100% of regular bonus and overtime taken
* 100% of a second job taken
* Declared rental and investment income taken
* Minor credit problems considered

Quick Tips

Improve your chances of success.
Make sure that you retain your financial documents such as bank statements, utility bills, mortgage statements, payslips and P60s. The production of these to a lender can save valuable processing time.

I’m Here Offer Free & Impartial Advice

I’m always available to discuss your requirements or respond to your emails.

I do not charge a fee in the majority cases, and have access to the whole of the market. My firm is not linked to any bank, building society or estate agent so we have offer impartial advice at all times.

Dont forget you can always call me on 020 7993 2044 or email on info@nicheadvice.co.uk.

Payam Azadi

Niche Advice Limited

First Time Buyer/ Homemover / Buy-to-let Solution

The Euro Zone crisis has been dominating the news and it is thought that the UK Banks are likely to move to increase the margins on their mortgage rates to ensure they are maximising revenue and building a greater capital reserve. So it’s never been a better time to apply and lock into good rates whilst they are still available.

In fact, why not apply ask us to apply for a formal decision for you right now as they normally last 3 to 6 months?

NEW First Time Buyer Solution

We have now got access to a new 95%LTV mortgage. That’s right just a 5% deposit required!

• 3 Year Discount Mortgage – 4.75% (APR 5.3)
• 0.44% discount off the lenders standard rate
• Free valuation to help keep initial costs down
• £250 cashback to help with your legal fees.
• 5% deposit required

A poor credit record is not allowed.

Homemover Solution

Looking for a good around mortgage product? This might be right up your street.

·       2 Year Tracker – 3.39% (APR 5.7)

·       Lender’s fees £495 + valuation

·       £500 cashback

·       15% deposit required

A poor credit record is not allowed.

Buy-to-let Solution

Looking for a buy-to-let but do not want to pay through the nose on fees? Why not ask us about this beauty?

·       2 Year Fixed – 4.90% (APR 5.0)

·       Lender’s fees just £99 + valuation

·       £250 cashback

·       30% deposit required
A poor credit record is not allowed.

Quick tips ….

Improve your chances of success

If you (and your partner) have not already, please make sure you register on the voters roll as lenders like to see you take life seriously.

I’m Here Offer Free & Impartial Advice

I’m always available to discuss your requirements or respond to your emails.

I do not charge a fee in the majority cases, and have access to the whole of the market. My firm is not linked to any bank, building society or estate agent so we have offer impartial advice at all times.

Dont forget you can always call me on 020 7993 2044 or email on info@nicheadvice.co.uk.

Payam Azadi

Niche Advice Limited

100% Mortgage now Available – For First Time or Subsequent Buyers

The product is aimed at applicants whose parents are willing to help but do not want to part with any cash (i.e. a deposit) in the process.

How the product works
You will receive a 100% mortgage. The lender will spread the security of the loan over your property (75%) and your parent’s home (25%). The aim is to release the parent’s charge after ten years which is achievable as property values are likely to increase and the loan will be less as you would have made repayments.

Qualification

• Applicant’s income must support the full loan on a repayment basis.
• The parent’s income and status will also be assessed.
• The parent’s must be aged 59 or below and have a mortgage 50% or less on their home.
• The parent’s cannot have more than one mortgage on their residential home. If they another secured loan charge we cannot help.

Will I need any money?

• There will be a valuation fee and £299 booking fee. The lender will also deduct £999 from the advance on completion.
• You will need to consider all the standard moving costs.

The sooner you have Life Insurance the cheaper it will be. I have access to a large panel of providers who can cover you for all types of insurances for your needs. I know everyone thinks they are invincible but we all have to go eventually, and without adequate protection your family may have to change their lifestyles significantly.

I can give you a free life insurance quote in a matter of minutes, and some polices can start from a just a few pounds a month, better yet my advice and recommendation for this service is FREE of charge.

Dont forget you can always call me on 020 7993 2044 or email on info@nicheadvice.co.uk.

Payam Azadi

Niche Advice Limited

I thought I drop you a line on the latest in the world of mortgages.

It’s great to report that week-on-week the lenders are becoming more tolerant to lending again. Here is a quick list of the some of the customers we can now help:

• Purchases with 10% deposit*
• Capital raising remortgages to 85% of the property value
• Buy-to-lets with just a 15% deposit
• Self employed with one year’s accounts
• Employed applicants in a probationary period
• Self build projects
• Adverse credit history

* Just 5% deposit if you are able to get support from your parents. Subject to geographic location.

Beware of low rates… read the small print

Many lenders are now marketing their products with low rates but with huge fee charges on application. This obscures the true cost as it’s easy to look at the headline rate in isolation. Personally I don’t think this is really treating the customers fairly that’s why getting professional help is always advisable as we can explain everything so you can make an informed choice.

Employed Clients

First of all congratulations for still having a job in this climate! Most lenders want to see at least 3 months bank statements and payslips. A P60 may also be requested to support the use of bonuses and overtime in the affordability calculation. Taking this variable income into account might mean the difference between your dream home or not and we guide on this.

Self Employed Clients

When working out your sums by mindful that mortgage lenders work off the figure you declare to the Inland Revenue so anything that goes outside of the books cannot be taken. That said, if you have a mortgage and want to borrow more we can help via a secured loan based on affordability shown in your bank statements.

I’m always here to talk over your requirements and remember I do not charge fee in majority cases, and have access to the whole of the market. My firm is not linked to any bank, building society or estate agent so we have offer impartial advice at all times.

Dont forget you can always call me on 020 7993 2044 or email on info@nicheadvice.co.uk.

Payam Azadi

Niche Advice Limited

Leading providers
Our insurance is underwritten by some of the leading insurers in the UK.

Personal services

• Buildings insurance
• Contents insurance
• Mortgage payment protection insurance

We also have an extensive range of facilities Insurance for businesses, schools, charities, entertainment, farming, pubs, sports clubs to name a few. Below are just some of the examples of business protection we can provide:

• Loss or damage to stock, buildings, machinery and contents
• Business interruption i.e. insuring against any potential reduction in income following serious loss or damage
• Goods in transit
• Money held on your premises or by an authorised employee
• Employers’ liability i.e. your liability in at law for injuries caused to employees in the work place.
• Public and products liability which covers damage or injury caused to others resulting from negligent business activities
• Computers insurance to cover loss of data, breakdown and increased costs

No obligation quotations.

Our mortgage service provides ‘intermediary exclusive’ mortgages from over 60 of the UK’s leading and specialist lenders.

Whether you’re a first time buyer or an experienced house buyer, it’s important that you obtain the right mortgage advice for your particular needs. By allowing the Niche Advice team to identify the right options for you the process becomes so much simpler. You will also discover the many benefits of our range of exclusive mortgages products and services.

We also offer comprehensive assistance with legal fees, removal costs and valuations – so let us assist you with your first steps towards house purchase and see the results for yourself. simply allow us to assist you with further information without any obligation. It’s that easy.