Mortgage Restructure Services
Mortgage clients
We provide a range of strong support services for Mortgagors and Borrowers in these difficult times. We are ideally placed to offer independent ongoing advice that can assist clients in making the right decisions as they attempt to resolve mortgage difficulties. Unfortunately, the range of issues and problems that some people face are leading to long-term worry and stress. Also, rarely are two situations alike, and so advice should only be given, and decisions taken, when a full financial fact-find has taken place, and consideration given to short, medium and long-term scenarios. Advice should only be sought from Qualified Financial Advisors, who are regulated entities.
We can assist in communicating with Lenders, and providing valuable independent advice. Engaging our services can take a lot of stress and mystery out of the equation. A problem confronted is a problem that can be dealt with, and communication with mortgage lenders is crucial.
We can assist in all areas, including;
- Interest-Only Periods.
- Capital Moratoriums.
- Arrears repayment arrangements.
- Mortgage term adjustments.
- Interest rate advice.
- Advice on Capital reduction payments (Tracker and Non-Tracker Mortgages.)
- Advice on loan conditions, and lenders powers and obligations.
- Attending resolution meetings with clients and their lenders. All borrowers are enitiled to have their advisor present at such meetings.
The first "Fact-Find" meeting with borrowers who need this service is free, and without obligation. Once engaged, our fees in this area are reasonable and flexible, and outlined and agreed in writing with clients in advance of providing the service, as part of our Terms of Business letter. All meetings with Lenders are dealt with by the firm's principal, Frank Lenny, QFA, (LIAMdip), A former bank manager and an expert in this area.
This is an area of Regulated Advice, and advice is restricted to the Mortgage Arena. We do not operate in the wider debt management area, which is currently unregulated, and do not intend to do so in the future.
The Irish banking Federation have recently updated their Code of Practice on Mortgage Arrears. Please check out www.ibf.ie
It's comforting to know that your Broker is always just a call or mail away.
| WARNING YOUR HOME IS AT RISK IF YOU DO NOT KEEP UP PAYMENTS ON A MORTGAGE OR ANY OTHE R LOAN SECURED ON IT. |