"Helping business owners safe guard what they've built"
Business protection is a vital part of financial planning, helping business owners safeguard what they’ve worked hard to build. It focuses on ensuring a company can continue operating in the face of unexpected events such as illness, death, or loss of a key individual.
Through solutions like key person insurance, shareholder protection, and business loan cover, financial advisors can help minimise disruption, protect cash flow, and provide financial stability when it’s needed most. With the right protection in place, businesses can plan confidently for the future, knowing they are prepared for whatever challenges may arise.
You’ll need a solicitor to manage the legal purchase of your property. They will ensure that your new build has planning permission, adequate sewerage and road access. Additionally, your solicitor will negotiate the date that you’ll be handed the keys to your new property. Finally, they will manage the transfer of funds from your lender.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON
YOUR MORTGAGE
YOUR MORTGAGE APPLICATION
If you have received a ‘Decision in Principle’ from your mortgage lender, you are in an excellent position to make an offer on your new build property. Once accepted, your mortgage adviser will make a full application on your behalf. The lender will carry out a valuation of the property and make the necessary checks to ensure you meet their lending criteria.
The mortgage offer is normally valid for 6 months, which can be a problem if your new build home isn’t completed yet. Some lenders offer for longer periods to overcome this issue and your mortgage adviser will provide appropriate guidance should you need a longer mortgage offer.
Remember – your McGirls Money Management mortgage adviser will be guiding and supporting you through every phase of the journey. You’ll have the benefit of their experience and expertise, throughout.