If you require a single mortgage capacity assessment for 1 person, we can provide a report which will not only be accepted by solicitors and the courts but will also give you peace of mind.
The mortgage capacity report will provide example illustrations comparing current interest rates, the monthly repayments and all other likely mortgage costs. Here are some examples of financial information (where relevant) that you will need to know for your mortgage capacity assessment report:
- Property Value – The current value of your property and/or buy to let property.
- Mortgage Amount – Outstanding balance of any mortgage(s) and secured loans that you currently have.
- Investment Details – The current value of your investments.
- Pension Details – The current value of your pensions.
- Income Detail – Detail of all earned and unearned income that you receive.
- Potential Split – Likely split of assets.
Your detailed mortgage capacity report will include one scenario as standard, and after that you and your solicitor may decide that you would like additional scenarios based on different elements within the divorce or separation proceedings
We charge a flat fee of £250 for a bespoke, comprehensive Mortgage Capacity Report which includes our adviser fee for arranging a mortgage for you, if required.
If you require several different scenarios (as specified by the court), we charge an additional £50 per scenario.
We will try to produce your report within 48-hours, but if you need it urgently, in some cases we can produce the report in the same day.
