cpc finance · cpc finance Ødirectly authorised (fca) mortgage broker Øresidential and investment...
Post on 05-Aug-2020
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CPC Finance
ØDirectly authorised (FCA) mortgage broker
ØResidential and investment mortgages
Ø80% of clients are investors
ØRegular repeat clients due to our service
ØMortgage pack updated
The Past
ØBuild portfolios for investors
ØSTL – term facilities
ØSimple mortgage process with updated packs
(ETEC and portfolio properties schedule)
ØVisits to complete paperwork
ØNo broker fees on loans over £100,000 as we
rely on repeat service
The Present
ØRestricted loan to values
ØReduced product range
ØIncreased mortgage rates on investor products
ØValuation issues, AVMs, desktop or no
valuations
ØDelayed service levels
The Future
ØReturn to standard LTVs and rates
ØIncreased paperwork – business plan, voids
and interviews
ØHoliday payments review
ØLonger processing time
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