Micro Mortgages are small mortgages for amounts £10,000 - £30,000

They are ideal for clients who want to:

• Raise a loan from £10,000 secured on their unencumbered property
  This may be particularly applicable to the elderly who have paid off their mortgage, but are seeing a low return on their savings or pensions and require some further funds.


• Buy out shares of inherited property
  - Clients who have jointly inherited property may want to buy out the other
  inheritor’s share of equity
  - Clients who have inherited a property and want to buy out an equity release arrangement

Micro Mortgages can be taken from 7 to 30 years.

Interest Only option available for the full term (30 years)

Many income sources are accepted including employed and private pensions.

CCJs and arrears are considered.