Reasons to use Magellan Homeloans
With rates from just 2.96% with no early repayment charges, Magellan are the lender:
For less than perfect credit histories
- Minor CCJs and defaults up to £500 allowed on Complex Prime products
- CCJs accepted, even if unsatisfied acceptable (none in last 3 months)
- Current or satisfied Debt Management Plans
- Bankruptcies discharged 12 months ago
For self employed
- Only 12 months trading required
- Last year’s trading figures used for income
- Overall share of net profit used as well as salary / dividends
- Home office use deductions added back in for affordability
- Discretionary spending (pension contributions etc) added back in affordability
Find your local Regional Sales Manager here – for new or existing business, make our network of experienced managers your first contact point.
Or contact one of Magellan’s approved packaging and placement experts here.
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.
