Have you been impacted by Coronavirus?

Have you been impacted by Coronavirus?

We’re here to help you.

Our No Mortgage Capacity Assessments are offered at a reduced rate to help individuals obtain relevant proof, for use at court or during divorce/financial negotiations, that their financial circumstances clearly dictate that they are not able to secure a mortgage. With the effects Covid-19 is having on our economy and our jobs, more people are taking advantage of these assessments. If you find you are in one of the following categories, you may qualify for this type of assessment:

  • Missed Mortgage Payments – If you have taken advantage of a 3-month mortgage holiday this should not affect your ability to obtain mortgage lending. However, if you have missed any mortgage payments this is likely to cause issues when obtaining any further finance. Highstreet lenders are likely to accept 1 or 2 missed mortgage payments if they at least 6-12 months in the past. Any recent missed mortgage payments will not be tolerated.
  • Earnings affected by Covid-19 – If your earnings, especially for those who are self-employed, have or continue to be affected by Covid-19, in general, most mortgage lenders will not use this income whatsoever when calculating mortgage borrowing. So, if your business has suffered a loss of earnings due to lockdown, lenders are unlikely to use any income from this business when calculating mortgage borrowing.
  • Furlough – Being furloughed should not affect your ability to qualify for mortgage lending. However, mortgage lenders are likely to use your reduced/lowest level of pay, not your pre-furlough pay, when assessing mortgage borrowing.
  • Debt Management Plan (DMP) or Individual Voluntary Arrangement (IVA) – If during the pandemic you have found yourselves needing to enter a DMP or IVA, unfortunately this means that you are unlikely to obtain mortgage lending. Certain specialist mortgage lenders may offer mortgage terms to those in these circumstances; however, the lending will come at a premium with unattractive fees and high interest rates.

Simpson Financial Services ‘No Mortgage Capacity Assessment’ are offered at a reduced cost of £175.00.

If you would like to find out more please

contact us

via our website or call our Mortgage Capacity Expert, Natasha Palmer, free on

0800 6342 111

.

Helping you negotiate the right divorce settlement

Why choose us?

  1. Peace of mind

    Our reports are solicitor-approved and appropriate for Family Court, so you can rest assured that we have everything under control when it comes to writing yours. We were one of the very first organisations to offer this service and have been providing Mortgage Capacity Assessments for over ten years. 

  2. Multiple options

    We offer different types of report for different stages in the divorce process and to meet your requirements. You can find out more about the different types of report available here. This enables you to choose the right option for you and your family, depending on the details of your financial separation.

  3. Speed & reliability

    Our Indicative Mortgage Capacity Assessment is generated instantly. The normal turnaround time for the completion of all other assessments is 5-10 working days. However, if you're going to Court, your Court date is imminent and you need your report urgently, there's an express service available. All of our reports are written by a qualified Mortgage Capacity expert.

  4. No hassle or hidden costs

    It's not uncommon to spend up to three hours with your bank only to be told they can’t lend or won’t lend until after your divorce. Our assessments take away the time, hassle and potential for inaccurate mortgage borrowing figures. We have fixed fees and there are no hidden costs to worry about.

Get my report

Our quick process

We make getting a Mortgage Capacity Report as simple as possible.

  • 1. Choose your package

    Decide which report is required/the most appropriate. You can discover our report types here and/or give us a call to discuss. When you're ready, choose your report.

  • 2. Work with our Mortgage Capacity Report experts

    We'll gather all the information we need to produce your report. You can find out more about our experience here.

  • 3. Wait up to 10 days

    Once payment has been made you'll receive your report within 10 working days. We offer an express service if you're going to Court and your Court date is imminent, and indicative assessments are produced instantly.

Get my report

Client feedback

I was really pleased with the detailed report I received, and the fact it had coverage of all aspects was great. The process was smooth and delivered to a tight timetable. Extremely impressed with the highly professional service.

Matthew Wilson

I am very grateful and relieved with the report findings, which I feel are fair and thoughtfully considered for both of us.

Landia Dhupat (Joint MCA)

Mortgage Capacity Assessments provided an excellent comprehensive service, responding quickly to my enquiry and offering invaluable advice. The process was straight forward, and Natasha was very easy and enjoyable to work with.

Anonymous

I would highly recommend Mortgage Capacity Assessments, they provided a knowledgeable service that was easy, quick, and good value for money. The report itself had everything included that I needed and was well put together.

Anonymous

I would like to say thank you for your Mortgage Capacity Report which really helped me during my hostile divorce proceedings.

Michael K

I was very impressed with how easy it was to get in touch with the team, I was put through to someone who could help me on the first call.

I would highly recommend Natasha and the team to anyone who’s getting a divorce, due to the detail contained in the report and the speed at which the report was made available.

Idara Osung

Thank you very much for the Report. You were so attentive, thorough and speedy!

Catherine Howlett

Natasha was extremely professional throughout and helped guide me with a fair and understanding approach. The advice she provided me with, was clear and extremely helpful and despite me having to deal with an uncooperative partner, she handled the situation well. Exceptional customer service, I would recommend.

Anonymous

I am extremely satisfied with the customer service I received from Mortgage Capacity Assessments. They are a friendly team who I would happily work with again and have no hesitation in recommending to others.

Sharon Halcrow

Overall, really pleased with the service, Natasha was professional and very helpful. She answered subsequent questions quickly and comprehensively. I would gladly recommend.

Anonymous

The customer support and speed of response has been brilliant, I was able to get in contact with Natasha both over the phone and email – she always answered all lines of communication. I am grateful for the excellent quick service.

Anonymous

I was able to obtain a well presented and accurate Mortgage Capacity Report with ease and very little effort. Very pleased with the amazing service. Thank you!

Alistair Dandy

The friendly approach and polite staff helped me to feel at ease and well looked after. They provided a professional service and if I was uncertain about anything, I did not feel uncomfortable in asking the question, as the staff were extremely kind. You could tell they really care about their client’s wellbeing and that showed throughout the process.

Antoinette Kellman-Johnson

Natasha was proactive and professional. I received a comprehensive report, & very responsive approach to my queries. I felt guilty asking for revised reports based on different assumptions, but Natasha was very understanding and delivered the reports accurately and quickly.

Anonymous

The service, advice and value for money has been 10 out of 10. I was particularly impressed with Natasha and the turnaround time for my request. One of the key objectives for obtaining a Mortgage Capacity Assessment is to ensure that you are protected, and the detail included in this report reassured me of this.

Anonymous

The Mortgage Capacity Report was a key piece of information I needed for my FDA hearing for the divorce settlement. I am glad I had this as it made my situation transparent and it reduced some of the stress I was feeling, about demonstrating my situation with facts that had to be accepted.

Sophia Francis

Choose your package

Reports & pricing

  • Indicative

    Indicative Mortgage Capacity Assessment
    (first hearing)

    £149

  • FDR

    FDR Mortgage Capacity Assessment (Financial Dispute Resolution hearing)

    from £250

  • No Mortgage

    Single ‘No Mortgage’ Capacity Assessment 

    £149
     

Find out more

Get in touch

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Ask us a question

If you have any questions about our Mortgage Capacity Reports or want advice on which assessment is right for you, we'd be happy to help.

  • Phone us on 0800 6342 111

  • Email us on This email address is being protected from spambots. You need JavaScript enabled to view it.

  • Connect with Natasha on LinkedIn