With 25% of first-time buyer enquiries to brokers being ineligible for any mortgage, millions of would-be homeowners are being left behind.
Enter Even: A fair, interest-free equity loan set to empower brokers to help first-time buyers who prefer the charm and character of non-new builds.
Here’s how Even stacks up against the other schemes on the market:
You could also earn more every month with Even. Our referral fee is 1% of the equity loan amount (currently boosted to 5%). There’s no limit on the number of customers you refer to us each month, and referring couldn’t be simpler:
Refer your client to Even via this link,
We’ll manually review each client; there’s no automatic ‘no’ here,
We’ll send them back to you with the Even AIP, and you can use this to confirm their new (and better) budget.
Once the client has found a property the legal structure is similar to Help to Buy. We’ve launched with Kensington as the first lender on board (we’ll keep you updated as we launch with more through the year) and this sits udner their ‘Assisted Deposit’ product range.
Want to get involved? We’d love to have you on board.
With Connect you’re already automatically set-up following our launch 3 weeks ago so you can send clients to us immediately. Plus we have a launch offer if you refer a customer to us this month, instead of our standard 1% procuration fee, you could get up to 5% if your client pays their application fee by March 31st.
If you fancy a chat to cover the product detail, you’re always welcome to get in touch with us directly, and we’ll answer any questions you might have about the product.