MORTGAGE ADVICE FROM APPLICATION TO KEYS

Where do you turn to if you’re a woman fleeing an abusive relationship who has next to no credit history, a handful of mixed addresses and is trying to get on the property ladder alone? Kamlesh Lodhia, Director at Airborne Mortgages in Leicester, tells me why he helps those that need it hen you go to a bank to ask for a mortgage, you fill in the forms detailing your employment history, your previous addresses, and your credit history. These then go through various ‘processes’ at the bank and, if your history is anything but straightforward, or ‘vanilla’ as Kamlesh calls it, you become a number in a pile of automatic rejections.

“Each case that isn’t vanilla needs the back story behind it, cases where the financial footing isn’t strong simply don’t get looked at in detail. They need presenting by a mortgage advisor to stand any chance of getting through,” Kamlesh tells me.

So, why can’t women in difficult financial circumstances just go to any mortgage advisor? Well, they can, but in order to succeed in obtaining a mortgage offer they need to choose an advisor who is highly experienced and motivated to do all that they can to support them through the entire process.

Kamlesh is just like any mortgage advisor in that he too has his own mortgage to pay, but thankfully, money isn’t the sole motivator for Kamlesh. His social conscience and empathy means he has the drive to help: “It’s always rewarding to help clients get a mortgage no matter their positioning – but helping those who really need the help, that’s the most rewarding for me.”

He once helped a woman who had fled an abusive relationship and had lived in seven temporary addresses in a short period of time, hadn’t had control of her finances for years, and had built up a lot of debt simply by surviving. She wanted to get a mortgage with her new partner but was struggling.

“When we got the mortgage offer it was such a thrill, to know that I had helped her. We had to delve quite far into the logistics of it all and it was complicated and timeconsuming, but I am always there even after the mortgage offer comes through. It’s personal for me, I am there through all the solicitor form-filling stages too – it’s until the keys are in hand for me!”

His experience, compassion and empathy for those that need his skill set has meant that he has helped countless women here in our Leicester community. Kamlesh wants to encourage those who need help to reach out for a chat on 08000 835 209.