Advantages: Not many unless you like parting with ££££ Disadvantages: Loads of errors, poor communication
...just terminated our Mortgage with Mortgages Plc at the end of our one year fixed deal.
We had to go down the route of self certification as my partner had a job which paid heavily on commission, making it difficult for a high street lender to give us anything more than 65% loan to value. We went through a broker and he came up with a deal through Advantage Home Loans, a sub company of Mortgages PLC. The deal itself was OK, we had expected a higher ... ...be paying per month from Mortgages Plc, the quote seemed fine, we could afford it and it set out their charges which they informed us could be added to our final loan amount.
We completed the rather ardous application form, which took us 3 days to work through and despite it being true self cert (they make no checks on your income), the were not happy with the application until we had given employer details and kept sending it back until we had ...
memphisto_chick 12.02.2006
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Ciao members have rated this review on average: very helpful Review of Mortgages Plc
Advantages: Sub-prime lender, varied number of products Disadvantages: some of the interest rates tend to be a little high
Mortgages Plc are based in Scotland, the main reason I would recommend these is that they offer sub-prime mortgages which are aimed at people who do not have perfect credit, and for many of the products have competetive interest rates, this is an option good for those people who may find it hard getting a mortgage with High Street lenders, they also have self-cert schemes which allow you to state an income higher than you would normally e.g. good ... ...this is not normally the case. There product range is also good as they offer mortgages to suit all, Buy to Lets, First Time Buyers, Let to Buys, Right to Buys etc. And they have a good customer service team who won't keep you on hold all day ...
zazzyzoe 22.08.2003
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Ciao members have rated this review on average: somewhat helpful Review of Mortgages Plc
Staff courtesy
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