Magellan Homeloans was created on the principle of understanding borrowers who need a flexible and personal approach and who may not always meet the criteria demanded by High Street or credit scoring lenders. To this end, Magellan has developed a range of mortgages across the Residential and Buy to Let markets that help to meet these needs.
At Magellan, we understand that one size doesn’t fit all. We’re not into ticking boxes or using automated credit scoring to make our lending decisions. We use a bespoke approach to manual underwriting that is exactly that – adapted to each individual circumstance. This enables us to offer a simple process for straightforward cases while being able to get into the detail if the client’s profile requires it. We believe that makes for a better decision.
Whether your client is a first time buyer, self-employed, has a complex income structure or is looking for a Help to Buy mortgage or they are a first-time, next time or professional landlord looking to fund their investment property, Magellan offers a range of mortgages across the credit spectrum, reflecting their expertise in finding an individual, tailored solution.