Mortgage option is not so special

While it may be reassuring to know that you can get a specialist mortgage if you get yourself into financial difficulties, they can prove to be an expensive option. It seems difficult to imagine that wel lheeled professionals could have difficulty obtaining a mortgage in a country awash with credit.

But about one in five borrowers are refused loans or refinancing by the traditional ‘prime lenders', according to David Ingram, managing director of ...