mortgage broker online

engleby

Anyone heard of the Shire Direct Mortgage on line service

opinions4u

Unofrtunately I know nothing about the company itself.

I do like their mortgage amortisation calculator on their web site though. It's an excellent tool for working out how much you should owe at any stage in the future!

I did a search of the forums using the tool in the top right corner of the page and it doesn't appear to have come up with any complaints. Or testimonials.

Working through their web site I notice this page "10 Great Reasons to Choose Us".

"Access to products that may not be available on the high street.

As specialist mortgage intermediaries, we have a plethora of mortgage products that are usually only available from:

• Centralised Lenders, for example:
  • The Mortgage Business (TMB), a specialist lender of HBOS (the Halifax/Bank of Scotland group),
  • or UCB Home Loans, the specialist lender of the Nationwide Building Society,
  • Accord, a subsidiary of the Yorkshire Building Society
• Subsidiaries of an international conglomerate, for example:
  • GE Home Loans, a subsidiary of one of the would's largest companies - General Electric, and,
  • GMAC Residential Funding a UK subsidiary of General Motors

All of these lenders offer a huge range of schemes, including those that are purely designed for a particular niche in the marketplace, such as non-standard constructed properties, or loans for self-employed borrowers who are unable to produce a conventional accounting profile."

Now I may be wrong, but I believe most of those lenders named above aren't currently lending.

Why do you want to use the firm?

Mrs_Bumble

Have you still not heard back from HSBC?

4 days with an underwriter really isn't long, HSBC I suspect are quite busy in their underwriting departments because of the deals that they have and the fact that they are actively looking for business.

Have you actually chased them up or just been waiting to hear?

Honestly wait to hear what they say before you do anything else.

As opinions4U has said they haven't been updating their website, if you need to see a broker after waiting to hear back from HSBC then ask around and find a local, independent whole of market mortgage broker, someone that you can see and get hold of. If you haven't already get a copy of your credit file.

I too like the calculator on said website!

koexelek

opinions4u wrote: »

Now I may be wrong, but I believe most of those lenders named above aren't currently lending.

Correct.

Obviously keeping their website updated is not much of a priority :rolleyes:

expat_one

we are returning from abroad after 12 years and obviously have no credit record in the uk. I have seen a house I want to buy at 270,000 pounds and have 35000 pounds deposit what are the chances of getting a mortgage.
My husband has a job to start asap.

engleby

I have tried to chase the offer up but didn't get a call back which panicked me thinking the mortgage manager didn't want to give me the bad news! I'm sounding desperate but it is such a good plan and would make a huge difference to our life at the minute/ You give such good advice Mrs Bumble re mortgage broker and patietnce and I thank you for that we were tol it would be maybe Thur or Fri but as you rightly sasy they msut be very busy.

Mrs_Bumble

Give them a call Monday Try to relax:) If they do say no, you will still have options it won't be the end and so relax:) As I said above ask around to see if someone that will recommend a good, whole of market, independent mortgage broker to hedge your bets. Enjoy the rest of the weekend:)