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When it comes to considering a loan application, banks have standard credit policies which guide their decision making. However often a clients’ specific circumstances doesn’t fit exactly within the box.
This is when ‘exceptions’ to standard policy are required, and they’re more common than you might think… On average, nearly half of all our loan applications at Long Property require some form of policy exception.
So the question then becomes, when will banks offer exceptions, and how as a borrower can you maximise the likelihood of success?
This show is dedicated to the answer.
Thanks for tuning in!
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The Long Property Show provides general information only and has been prepared without taking into account your objectives, financial situation or needs. We recommend that you consider whether it is appropriate for your circumstances and your full financial situation will need to be reviewed prior to acceptance of any offer or product. Nothing in the Long Property Show constitutes legal, tax or financial advice and you should always seek professional advice in relation to your individual circumstances.
