At Magellan, we donít credit score. We believe that our manual underwriting guarantee offers borrowers a personal service that means we approach every borrower's circumstance with an open view.
Our product ranges offer your customers a variety of flexible solutions as we can consider:
Using the latest years share of net profit + remuneration + discretionary spend for Company Directorís and self-employed borrowers;
Accepting self-employed borrowers and contractors with at least 12 months trading history;
A flexible approach to lending beyond state retirement age;
Complex incomes including agency / zero hours, pensions, second jobs and investments;
First-time buyers with a family gifted deposit;
Borrowers with an impaired credit history.
Alternatively you can speak to one of our friendly and knowledgeable team at the mortgage desk about any of our mortgage products and services on: 0207 197 9424.