An existing Resolve client referred a family member to us who was going through a relationship breakdown. The client needed to raise enough capital to purchase her ex-partner’s share of the former marital home. The client had also accrued additional debt due to the change in circumstance and wanted to consolidate this with the mortgage to have one monthly outgoing. The client, however, had already had a previous request for additional funds turned down by the bank.
Due to the relationship breakdown the client had been late on a few credit payments, which had had an impact on her credit score. After a full review of income and monthly expenditure, we were able to obtain a mortgage offer from a high street lender for the amount she required. The client was able to complete the buyout of the family home and consolidate her other debts, allowing her to successfully move on to the next stage of her life.
Resolve will take the time to gather all the information needed to make your case, seeking out the best deal on the market for you, whatever your circumstances.
Please note: Think carefully before securing other debts against your home. Your home maybe repossessed if you do not keep up repayment on your mortgage.