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Mortgage Raising Capacity

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Hazzard
Posted by
New Member

28 Jan 23 - 29 Jan 23 #520528 by Hazzard

Topic started by Hazzard

I've been instructed by the court to provide a mortgage raising capacity in the form of a certificate form a mortgage broker indicating the maximum mortgage I would be able to secure.

I've approached my bank who cannot help and a couple of brokers without success. I've found a couple of companies online who offer a service for about £500 cost. Is there any alternative solution someone could recommend?

Thanks

Last edit: 29 Jan 23 by wikivorce team.

.Charles
Platinum Member

01 Feb 23 #520533 by .Charles

Reply from .Charles

I'm surprised you've had no luck. In my experience brokers want your business and will be able to provide a statement of mortgage capacity quite easily.

Each lender has its own criteria and after inputting your information the broker's spreadsheet/search will normally indicate which lenders will lend and the amount they are prepared to lend.

Perhaps you are asking the wrong questions? You don't need anything as strong as a mortgage promise, only and indication.

Charles

Hazzard
Posted by
New Member

01 Feb 23 #520535 by Hazzard

Reply from Hazzard

Thanks... you may be right! I'll try another broker.

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