The process of buying and selling can bring frustrations for all concerned. Sellers are sometimes surprised how long it can take for a buyer to finalise their finances and buyers often under estimate the complexities of the current mortgage minefield!
Foster Maddison has teamed up with Lucror Ltd to offer Financial Therapy.
Financial Therapy aims to provide advice on money and mortgage lending matters and is totally free of charge. A qualified adviser from Lucror will be available in the Hexham office every Tuesday and at other times by appointment including Saturdays.
One of the primary aims of Financial Therapy will be to pre-qualify buyers, helping to improve their position with regard to securing an appropriate mortgage. This in turn will directly assure sellers by verifying the buyers advanced status and ability to substantiate any offer put forward for their property. The service is also available to sellers and should be particularly useful for those who are downsizing, moving abroad or considering alternative investment from the proceeds of sale.
Lucror Ltd is a North East based company which offers independent advice on mortgages and other financial items such as insurance and specialises in advice for the clients of estate agents. Lucror Ltd was founded in 2006 to provide advice to clients of north-east based estate agents. All advisors are fully qualified, and trained to tailor solutions to each client’s individual needs. Lucror is entirely independent of Foster Maddison and will tailor advice to individual circumstances.
Lucror Ltd can offer the following services:
1) Mortgage Advice - Independent advice mortgage advice from the whole market. Specialising in the following areas:-
- First Time Buyers
- Homemovers
- Porting Mortgages
- Remortgages
- Buy to Let
2) Insurance - Products from several providers include:-
- Buildings and Contents Insurance
- Life Cover
- Critical Illness Cover
- Income Protection
- Mortgage Payment Protection
3) Landlord Services - Assitance with buy to let mortgages and landlord insurance plans.
Portfolio review service for landlords to ensure that their portfolios are structured in the most beneficial manner.
4) Tenant Services - If you are about to rent a property, the contents are your responsibility to insure. Lucror Ltd can help you arrange suitable cover. Rent protection insurance, to protect your rent should you lose your job, is also available.
For more information please contact Lucror on 07764 636 134 or email lucror@fostermaddison.co.uk
THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
_________________________________________________________________________________________
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
Lucror Ltd is an appointed representative of Openwork Limited which is authorised and regulated by the Financial Services Authority.
Openwork Limited offers insurance and investment advice on products from a limited number of product providers and advice on mortgages representative of the whole market.
