Richard’s Story
Richard is an experienced Project Manager with over 20 years’ experience contracting in the financial services sector. Richard and his wife moved to South Africa in 2003, for a lifestyle change. Richard’s skills were highly transferable and he secured several well-paid project management roles in the 12 years they lived in Cape Town.
In 2016, they decided to move home to the UK and Richard was offered a UK based role with his same employer; Old Mutual. Back home, the couple moved into rented accommodation but wanted to buy a property at the earliest opportunity. But 6 months in, all the lenders he approached for a mortgage told him he’d need to wait 12-24 months before he could apply, due to a lack of recent credit history in the UK
Richard was recommended CMME by his accountants SJD, our mortgage specialist Simon quickly pieced together a strong case for Richard based on his income level, deposit sum and the fact that he had maintained a credit presence in the UK (through bank accounts) during their 12-year absence that clearly demonstrated the couple’s credit worthiness
Simon secured a competitive mortgage offer with Halifax and Richard & his wife moved into their new home 9 months after arriving in the UK.
Jane’s Story
Jane is a Client Director with an Insurance company, who moved back to the UK after 7 years living and working abroad. She was turned down by her high street lender due to her credit history and no UK address. She came to CMME and here’s her story…
“Before I left the UK I cancelled my credit cards to ensure I had no debt in the UK but kept my bank account running. Unbeknownst to me, this resulted in me being treated as a virtual alien in my home country as my credit history was completely wiped after 6 years away from home.
Despite having a healthy cash deposit and being a first-time buyer I had zero credit history and no recent UK address and despite a long-term permanent well paid role in Australia, I was in my 3 month probation period in my new role in the UK.
Even my own UK high street bank of over 30 years were struggling to give me an answer on a mortgage that would enable me to buy a house of the value I required and could afford in my budget.
After a recommendation from a friend, I contacted the fantastic team at CMME. They secured me a mortgage within 48hrs of my first contact with them and supported me throughout the process to get me a highly competitive rate that beat anything my bank would have offered.
They also provided crucial end to end support to ensure I was clear on every decision I made and removed as much stress from the process as possible. They had direct contact with my mortgage provider and got answers within hours.
I am now happily settled in my new home and this is all down to the seamless work of Megan and her team at CMME”.