Frequently Asked Questions
Years of experience in the mortgage market have highlighted the most frequent questions we are asked. We have listed some of these below to assist you with your enquiry.
I have defaults and County Court Judgments, can I still get a mortgage?
Yes, more people than you think have similar impaired credit problems and there are a growing number of mortgage lenders that are willing to help.
* Our overall cost comparison for these mortgages is 8.2%APR
Yes, providing you have sufficient deposit, or equity in your existing property, there are many lenders that will consider your application.
Yes, we have access to several lenders that will lend up to 100% of the value of your property (subject to status). In addition to this, many will also offer cash back upon completion.
I want to move, but do not want to sell my existing property, can I?
Yes, as long as you are able to rent out your existing property, many lenders will agree to the mortgage you need to move house.
No, many High Street lenders will offer a free valuation, and either free, or assistance towards your solicitors costs to deal with your re-mortgage.
No, once your records are held by us, you will be included in the regular mortgage reviews that we carry out for all our clients.
Do Brooks Associates charge Broker Fees?
No, although many Brokers charge up to 3% of your mortgage balance upon completion, Brooks Associates only charge a £299 administration fee to cover our costs.
Kevin Brooks trading as Brooks Associates is an Appointed Representitive of The Mortgage Times Group Limited, 279 Tottenham Court Road, London, W1T 7RJ, which is authorised and regulated by the Financial Services Authority no 303007. Think carefully before securing other debts against your home; your home may be repossessed if you do not keep up repayments on a mortgage.