Does Size Really Matter?

by Stephen Brown
Technical Manager moneyQuest

8 August 2008

When it comes to mortgages, the answer could be yes!

Borrowers with larger balances frequently have their applications handled by premier loans units. Some lenders provide this additional service, which is designed to streamline the mortgage application process. Their purpose is to make things easier, as they look at the bigger picture and take a real-world approach to unusual circumstances. You may be self-employed, entrepreneurial or in need of larger-than-usual income multipliers, any of which could take you outside lenders’ normal criteria. This ‘’can do’’ approach, which is rarely applied to customers with smaller loan sizes, makes life a lot easier and you can expect to receive preferential rates and first-class service.     

So what can moneyQuest do to help you capitalise on your larger-than-average mortgage balance?

A good broker is essential as the market is so diverse and in a state of perpetual change. There are over a hundred lenders, thousands of products and a baffling array of potential service and lending criteria issues. At moneyQuest, we take the time to gain a comprehensive understanding of your requirements, which allows us to research the market thoroughly and find an appropriate product, tailored to suit your needs.

We offer a whole-of-market search and through our association with Legal & General Partnership Services Limited we have access to exclusive products that lenders do not offer on the high street. Our dedicated large-loans-team fully project-manages applications through to a successful conclusion and take the ‘’leg work’’ out of an otherwise time-consuming process.  moneyQuest also offer an ongoing mortgage management service, which keeps you updated on the best rates and products available from the whole market.

As moneyQuest (UK) Ltd and now as moneyQuest Mortgage Brokers we have over 19 years experience.  Our customers have recently rated our service as 4.3 out of 5 in a satisfaction survey.

For more information or to speak to a large loan specialist, call 0845 270 1010.