Once upon a time there were 3 little pigs who wanted a mortgage to buy a house.  There was also a big bad bank manager and best of all Goldilocks the Specialist Independant Mortgage Broker from The Money Tree.

The 1st little pig went to his bank manager and said "I would like to buy my council house which is made from concrete, and I can buy it at a discounted price of 75% of its market value but i need all of the money plus costs to buy it."

"No" said the big bad bank manager, "we will only lend money for you to buy a property made of bricks and also even if it was normal construction we could only lend you up to 90% of the discounted price so you would need a 10% deposit and all other costs."  The little pig went away feeling very disappointed.

The 2nd little pig went to see the big bad bank manager and said,"I need some money to buy a house, I have a deposit of 5% and my costs but although I have never been unemployed I have only been self employed for 1 year."

"No", said the big bad bank manager, "We could only lend you the money if you had been self employed for at least 2 years and had a 10% deposit.  The little pig went away feeling very disappointed.

Now the 3rd little pig went to see his big bad bank manager and he said, "I have a problem, I own a property but last year when I was ill, I had a late payment on my mortgage and also I took out loans and credit cards to manage and my income is all being spent on high interest rates and I have none left to survive.  I would like to borrow money to clear my problems".

"No", said the big bad bank manager, "we can only lend you money when you have a good credit record for 6 years".  The little pig went away very concerned and disappointed.

The 3 little pigs then met a friend of theirs Humpty Dumpty who had fell off the property ladder many times and he said, "I have a friend called Goldilocks from The Money Tree who is a Specialist Independant Motgage Broker who can go to any bank or building society in the country and she has helped me many times with my problems".

They all went to see Goldilocks and the 1st little pig was told that she could get him a mortgage to buy his council property which was made from concrete with a building society who would take into consideration that the value of the property was higher than he wanted to borrow and even though he had a discount they would still be able to lend all required funds plus costs.  The little pig was very happy.

The 2nd little pig went to see Goldilocks and she said, "As his accountant could confirm he had been self employed for a year and he could confirm his income, she could get him a mortgage of 95% with a high street bank."  Another little pig went away very happy indeed.

The 3rd little pig went to see Goldilocks and she told him, "although he had problems last year and she could prove it was because he was ill and also that he would be paying all his loans and credit cards off, this would make the new monthly payment affordable and she could get him a Fixed Rate Mortgage so he would not have to worry that the payment would increase."  The little pig was so happy and also releived that he would be able to enjoy life once again.

So the moral of the story is if you know anybody who needs help and advice with regards to any mortgage problems call Maria formally Goldilocks at The Money Tree to branch out to your brighter future.