Midlands Money specialise in helping homeowners throughout the Midlands to manage their finances in the best possible way, reduce their outgoings where possible and raise money to buy the things they want.

Midlands Money can help with:
Homeowner loan
Debt consolidation
Home improvements
Credit repair
Declined for a loan
Non-status/Self certification/No proof of income
Company Directors/Self employed
Debt Management/Individual Voluntary Arrangements (IVA)
Expert Advisers
Speedy application process

• Remortgaging can cost you a lot in fees and can take a long time.
• You may have to pay expensive redemption penalties if you remortgage.
• The rate available to you on a new remortgage may be higher than your current rate (especially if you now have credit problems or your employment status has changed).
• You may want to stay with your existing mortgage lender.
• The amount of equity you wish to withdraw is fairly small (usually less than £25,000).
• You only require the additional money for a short period.
• There are many other possible reasons – all of which your adviser will discuss with you.

Debt consolidation - to pay off expensive credit card and store card debts, car loans and other high interest rate loans, mail order and other finance commitments. A debt consolidation loan will reduce your monthly payments by paying off all your expensive debts and leaving you with one low interest rate loan and a much lower monthly payment. While reducing your monthly payments, a debt consolidation loan can extend the term over which you repay your debts and the total amount payable may be higher.

Home improvements – in the Midlands, the cost and aggravation of moving house is increasing every year. You may decide to remain in your existing home and build an extension, convert the loft, install double glazing or build the conservatory you have always wanted. Whatever home improvements you plan, they will cost money and you probably don’t want to spend your hard earned savings (if you have any!) to pay for the work. To help you raise the money, your adviser will assess your needs and circumstances to recommend the best option for you.

Credit repair – in the Midlands there have been a number of company closures, redundancies and employees experiencing reductions in overtime and earnings. These are just some of the reasons why you may have failed to keep up monthly payments to your mortgage lender, bank, credit card or other loan company. Unfortunately, these missed payments are recorded on your credit file and will affect your credit rating, plus these companies may register a county court judgement or default against you – these stay on your credit file for up to 7 years. Your adviser has contacts with many lenders who can help you to clear your debts and arrears, allowing you to improve your credit rating and avoid being continuously chased by debt collectors.

Declined for a loan - being declined for credit is frustrating and can be embarrassing. Often the lender will not tell you why you have been declined nor will they be any help in suggesting alternate solutions. Your adviser can advise you on why you have been declined and usually can then find a lender who will help you with your finance requirements regardless of your personal financial situation.

Non-status/Self certification/No proof of income - more and more individuals in the Midlands now have multiple jobs and sources of income, earn overtime or commission, are self employed or run their own business. Unfortunately, many banks, mortgage and loan companies can not help you unless you can provide payslips or accounts, showing ALL your income is regular and permanent.

Your adviser will have many years experience in helping in these situations and have a variety of lenders who will still lend to you at competitive rate without requiring proof of income.

Company Directors/Self employed - fast track homeowner loans are available to Midlands based directors and the self employed. These require little or no documentary proof of income and the money can be raised for any purpose including business start up, expansion, consolidation of other business or personal debts or for goods and materials.

Debt Management/Individual Voluntary Arrangements (IVA) – for any Midlands homeowner, entering into a debt management or IVA scheme is a serious commitment and will only benefit you in the long term. As a homeowner, there may be other ways to find a solution to your financial problems. Your adviser will guide you on what other options are available to ensure you only enter into one of these schemes as a last resort.

Expert Advisers – Your Midlands based, qualified and experienced adviser will explore all the possible solutions to your requirements. They use the most up to date technology and IT systems to research the best deal for you and then talk you through the various options available. This will include making sure you know all about the monthly payment, interest rate, term, discounts, any hidden costs or charges before you make a decision to proceed with the loan.

Speedy application process - once you decide to proceed, your adviser will complete all the paperwork for you, fast track your application and keep you informed of progress. Everything will be completed for you as quickly as possible, using phone, email, fax, text, couriers and any other service which can speed up getting your money fast!