Choosing a Mortgage Company: Why choose Shire Direct?
Choosing a Mortgage Company can be a major decision and one that you probably won't want to take lightly, afterall it's one of the largest financial transactions you are ever likely to be involved with!
So why exactly do we think you should choose Shire Direct for your tailor made mortgage and remortgage solutions? Well, here we'll explore and discuss why we think you should choose Shire Direct! Before we start you may also wish to take a look at our '10 Great Reasons to Choose Shire Direct' page to help you make your decision.
Shire Direct is what is known as an "All Status" Broker. This means we are able to consider your application regardless of whether you have no problems in life where everything in the garden is green and rosy, or for customers who may have difficult or unusual circumstances, or whose situation is not entirely straight forward, and who require expert help and professional guidance.
Difficult, unusual or special circumstances, which could mean any one or more of the following situations:
These specialist requirements are becoming more and more common in today's society as people struggle to kep up. Lots of people have encountered difficulties and a black mark against their previously unblemished credit history, often due to no fault of their own. Situations such as redundancy, unemployment, illness, divorce, or even a failed business venture, can play havoc with our finances.
Whatever the reason, you may well find that getting a mortgage or obtaining finance could be difficult. But please don't despair, you're not on your own! Millions of others have been in a similar situation before you, and with the help and good advice from a specialist mortgage broker, you could well find that we get you back on track sooner than you might think!
If you're still not convinced we recommend you take a look at the next page in this section, '10 Great Reasons to choose Shire Direct'.
Mortgages/Remortgages: The overall cost for comparison is 9.8% APR. The actual rate available will depend upon your circumstances. Ask for a personalised illustration. APR variable and based on a usual case. Most customers are likely to receive a lower rate or the same rate as our overall cost for comparison rate - learn more about APR.
There are no upfront broker fees.
However, a fee may be charged on successful completion. An indication is that on conforming cases (straightforward applications with no or minimal adverse credit) a fee may be charged of up to 1% of the amount advanced, typically £795 and will depend on your circumstances. For non-conforming cases (where case research and processing may be more complex due to adverse credit or unusual circumstances), a fee may be charged of up to 3% of the amount advanced, typically £1,995.
Homeowner Loans: Rates from 8.9% APR variable, but typically 13.9% APR variable. Most customers are likely to receive a lower rate or the same rate as our typical variable rate - learn more about APR. Shire Direct also has a range of non-conforming loan plans with rates up to 19.9% APR. These plans are designed to help those who may have a more difficult credit history, including CCJ's and credit arrears, IVA and bankruptcy problems.
A broker fee of between 0% and 10% of the loan advance may be charged for arranging a secured loan.
All loans subject to status and secured on property.
The actual rate available will depend upon your circumstances. Written quotations on request.
THINK CAREFULLY BEFORE
SECURING OTHER DEBTS AGAINST YOUR HOME.
YOUR HOME MAY BE REPOSSESSED
IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.
Adding existing debt to your mortgage will increase the repayment term and overall cost.
