We’re offering a gold star priority service, including a 24 hour turnaround for a decision on all fully packaged mortgage applications received.
Find support on packaging an application here.
Magellan’s innovative product ranges can accommodate borrowers:
- With a credit score decline who would benefit from a flexible underwriting approach, including self-employed borrowers with a 12 months trading record
- Proving they can manage their financial circumstances but have minor adverse marks on their credit file including arrears, CCJs and defaults
- Who suffered a life event that led to historic credit problems including arrears, CCJs and defaults, as well as IVAs registered and bankruptcies discharged more than 12 months ago
- Trying to resolve historic credit problems including those with a current or recently satisfied Debt Management Plan
- With a complex employment status including zero hours, agency and fixed-term contracts
- Benefiting from family provided undervalue sales and gifted deposits
The product ranges offer:
- Up to 85% LTV
- Rates starting at 3.08%
- 2 and 3 years fixed rates
- Variable rates with No ERC’s
- Affordability based on reversionary rates
Remember, Magellan Homeloans manually underwrites each application on its own merits and doesn’t use credit scoring.
Find your local Regional Sales Manager here – for new or existing business, make our network of experienced managers your first contact point.
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.
