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Fellow brokers - is this case doable?

I'm gonna get some stick for this - not knowing how to place this case!!!!:p

FTB

75%

Deposit all from his boss. The boss WANTS TO RETAIN A CHARGE OVER THE 25% STAKE.

The FTB has a little adverse in the shape of a missed loan payment 7 m ago and a further missed payment the previous.

I'm actually snowed under and honestly would consider passing this case onto someone.

He was declined via another broker by BM Solutions due to the poor credit.

Comments

  • Dan_1976
    Dan_1976 Posts: 943 Forumite
    When I was a broker easy, not sure today though! Good luck!
    "Banking establishments are more dangerous than standing armies." Thomas Jefferson
    "How can I believe in God when just last week I got my tongue caught in the roller of an electric typewriter?" Woody Allen

    Debt Apr 2010 £0
  • Leon_W
    Leon_W Posts: 1,813 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Look up Nationwides equity share scheme. Employer maximum 50% equity share but the lad will need 5% from his own funds. It might fit although the dodgy credit probably wouldn't sit with them.
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