We meet you for the first time and explain to you our scope of service/how we can help you. Answer any questions you may have about our service. This helps you decide whether to seek, obtain or act on the advice we give to you.
We ask you questions about your personal information and financial position. This helps us establish your current financial and personal situation. We obtain quantitative and qualitative data, gather relevant documents, establishyour needs and priorities, and establish your risk profile.
At this stage as an adviser, we are looking at your whole financial and personal situation, understanding where the gaps are between your current and desired position, and starting to consider how we can help you achieve your objectives. We complete an assessment of your strengths and weaknesses.
We hunt for the best deals for you and negotiate with lenders. We match you with the lender, who fits closest to your needs, and wants, and will help you achieve your short- and long-term financial goals. We explain the drafted plan which includes things like discussing your loan structure, loan term, type of loan, understanding benefits, and risk, and more,and we take the opportunity to answer any questions youhave; this is to make sure you fully understand the plan. We obtain your agreement to proceed.
Legal documents get produced. These documents get sent directly to your solicitor. Once your solicitor accepts them on your behalf you are ready for settlement day. On settlement day the bank sends funds and a statement to your solicitor who will distribute them to relevant parties, typically the vendor, the real estate agent, and their own bank account for their fees. In the case you are topping up this doesn’t typically require a solicitor so the bank documents and funds will get sent directly to you.
To ensure your loan structure and your lender remain relevant to your situation we take the opportunity to regularly review your plans and make sure you are always on the best possible deal. We usually meet with you every 12 months or as required to review your further needs. We usually checkif there has been a change inyour income, any change in the number of dependents, any change in marital status, change in employment or residence, any change in your debt levels, or your future goals. Based on the findings we offer further consultation.