Applying for a mortgage can be a complicated and stressful process but the launch of a new North East-based brokerage could ease the pain and could save clients time and money.
Innovate Mortgages and Loans works across the market to find and arrange financial solutions for people who are looking to buy a property, save money on their existing loan or who might be looking at options that better suit their personal circumstances.
Founder Paul Hardingham and his team have more than 80 years combined experience in the financial services industry so they are ideally positioned to scan the market and find options for each individual client.
“The process of buying a home is based on a whole range of very personal emotions and important decision points yet the market is increasingly process-driven and automated,” explained Paul.
“For most of us, our mortgage is the biggest financial undertaking we will ever make so our task is to ease the process as much as possible. That means developing good relationships with clients, lenders and other professional services involved in the process.
One of the key priorities for Innovate is to work with clients who might otherwise find it difficult to obtain a mortgage.
“The application process is rarely straightforward and there are many factors that can potentially derail things causing the client heartache, wasting their time and occasionally their money,” said Paul.
“It might be something as fundamental as ticking the wrong box or not including a landline telephone number on your application form. Other people who can struggle to find a mortgage include the recently self-employed, those with a bad credit score and even those who also own a buy to let property.
“We can work in all such cases to find the most suitable options for the client and then to guide them through the complex application process.”
Paul estimates that prior to launching Innovate he and his team have supported thousands of clients through the momentous process of buying a home.
“So much of financial services is about form filling, box ticking and numbers but at its core this is one of the most human of industries and that’s reflected in the way we work at Innovate.”
Anyone wishing to find out more about how Innovate can help should call 0191 223 3514, email firstname.lastname@example.org or visit the website www.innovateml.co.uk.
Your home is at risk if you do not keep up repayments on a mortgage or other loan secured on it.
Innovation Financial Management Ltd trading as Innovate Mortgages and Loans is authorised by the Financial Conduct Authority.