At Aria Finance, we pride ourselves on delivering fast, efficient, and tailored finance solutions. This case showcases our ability to secure and complete a second charge mortgage within just 48 hours, solving a complex financial need with speed and precision.
The Client:
Our client owned a three-bedroom semi-detached property, who had recently undertaken significant home renovations.
The Situation:
The client approached us requiring a loan of £65,000. They were looking to consolidate existing debt of £37,500 which had been accumulated during home improvements, and £27,500 to complete further renovations. Their existing unsecured credit commitments were costing around £1,300 per month. The goal was to reduce this monthly outlay while accessing additional funds to complete the works.
Our Solution
We sourced a lender with a streamlined underwriting process that did not require consent from the first charge lender. An Automated Valuation Model (AVM) was accepted helping to expedite the process. By ensuring we had all documentation upfront, we submitted a fully packaged case on the morning of4th June. The mortgage offer was issued the same day at just over seven hours later and the case completed within 48 hours.
Benefits & Results:
The speed and efficiency of this case were exceptional, with the full case completing within 48 hours of the initial enquiry being received. By consolidating high-interest unsecured debts into a single second charge mortgage, the client was able to reduce their monthly repayments by up to £1,040.
In addition to the significant cost savings, they were also able to raise the necessary funds to complete their home renovations. The use of an Automated Valuation Model and a lender that did not require consent from the first charge lender eliminated typical delays, allowing the client to move forward with confidence and speed.
This case demonstrates how Aria Finance’s expert packaging, lender relationships, and commitment to efficiency can deliver outstanding outcomes for clients, even under tight timeframes.