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Sometimes, our clients have been told ‘no’ elsewhere – because either their income situation or various commitments/ liabilities were too complicated to tick all the boxes and meet credit policy.
It is in these scenarios the true value of a broker is seen – a broker knows how policies differ between banks, they can leverage personal relationships, position your deal in the best light, and even seek exceptions to standard policies where necessary.
In today’s podcast we showcase 5 recent case studies – without mentioning any names – where we utilised such strategies and turned an initial no into a subsequent yes.
It will help listeners understand the nuances of lending. It also shows the value in dealing with experienced operators and having multiple options.
Enjoy the show!
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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.
