Avoid the threat of reposession with mortgage broker, Deal Direct.

Mortgage broker, Deal Direct, not only helps you to source the right home financing option for you but also to understand the small print contained in your residential mortgage documentation.

Have you ever heard of ‘all monies charges’? Do you know what it pertains to and whether your lender uses it? If your lender does include it, did you know your home could be at risk of repossession if you have non-mortgage related debts that you are having difficulty paying?

What are ‘all monies charges’?

‘All monies charges’ relate to other unsecured borrowing you may have, for example;

• a personal loan
• an overdraft
• credit cards

A lender with such a clause in their mortgage agreement has the right to secure all such debt against your home. Should you find yourself in the position of not being able to meet the repayments on this type of borrowing, the lender could start repossession proceedings and you could face losing your home.

Such terms and conditions in residential mortgages are little known or understood. This is why it is vital when buying or remortgaging your home, that you seek the assistance of professional mortgage broker, Deal Direct.

With 12 years’ experience in the mortgage market, our team prides itself on the depth and breadth of knowledge we have gained. Drawing on our level of expertise means;

• all clauses are fully explained beforehand
• no nasty surprises await you after you’ve signed the mortgage agreement

Don’t put your home at risk because you are unaware of the small print.

Contact the mortgage advice experts on 0800 048 8828.