Impact Packaging were approached by an introducer to assist their client who has a Lasting Power of Attorney.
The client realised that their home was too big and that they don't need such a large property. The property was also slightly dated in terms of décor.
The client realised that their home was too big and that they don't need such a large property. The property was also slightly dated in terms of décor.
Our approach to funding
Impact were able to identify a lender who could assist taking into consideration the applicants age and the fact that a Lasting Power of Attorney was in place. A full application was submitted, and an AVM carried out on the applicant's property. The mortgage offer and solicitors instructions were issued within 48 hours of the application being received by the underwriter.
Outcome for the client
The lender allowed the client three months to carry out some cosmetic works to the property before it was marketed for sale, and the applicant moved into a lovely warden assisted property close to the seafront.
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