MIKE COADY

Financial Expert | Business Excellence | Growth Expert
Mike is an award-winning financial expert and a well-known leader in the financial industry.Having taken two of his previous firms to Chartered Status in the UK and also achieved the prestigious National IFA of the Year Award – Highly Commended.In addition, Mike is a well known Independent Financial Adviser and Money Coach. Qualified to UK Financial Conduct Authority (FCA) standards, a member of the Chartered Insurance Institute, a Founding Fellow of the Institute of Sales Professionals (FF.ISP), a Fellow of the Institute of Directors (FIoD) and featured as a highly qualified Financial Adviser in Which Financial Adviser.
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deVere Mortgages launched

Mike CoadydeVere deVere Mortgages launched

deVere Mortgages launched

As reported by FT Adviser, I’m delighted to confirm the launch of deVere’s standalone mortgages division, set-up to cater to increasing demand from overseas clients.

deVere Mortgages, an independent entity within FCA-regulated deVere United Kingdom, part of deVere Group, one of the world’s largest financial advisory organisations, will be headed up by industry experts, David Eggison, Lee Adams and Martin Grundy, all in possession of over two decades’ experience, and overseen by deVere United Kingdom’s Mitch Hopkinson.

The continual rise in demand for whole of the market, independent mortgage advice led to the formation of deVere Mortgages, which will provide clients and potential clients with a more extensive range of mortgage products and advice.

Even though there have been reports of a slowdown in the property market in the UK, deVere revealed a monthly upturn in mortgage enquiries throughout 2014, which is expected to rise further in 2015.

This steep increase in demand is predominantly from British expatriates who are returning to the UK as well as individuals residing abroad who are habitually classed as high risk by mortgage lenders.  The much more stringent procedures when it comes to mortgage acceptance, soaring property prices and the likelihood of increased interest rates, as well as political uncertainty as the general election looms, have all had an impact on the increase in demand.

As a result, people are becoming more savvy when it comes to recognising the need for specialist mortgage advice in order to comply with the rigorous criteria, and the experts at deVere Mortgages have long-established relationships with the appropriate lenders.

Throughout last year, 95 per cent of deVere United Kingdom’s clients were granted a mortgage, and in 2015 with deVere Mortgages, the level of business is predicted to rise by 300 per cent.

deVere Mortgages works with over 200 UK-based and international mortgage lenders, thereby offering clients a wide range of products to suit their individual requirements.  deVere Mortgages also provides buy-to-let opportunities, re-mortgaging, equity release and tax enhancement from rental incomes.

For more information or to contact a specialist at deVere Mortgages, call +44 (0) 207 183 9625 or email mortgages@devere-mortgages.co.uk.

 

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Mike Coady
Mike Coady

Mike is recognised at the forefront of financial planning as a financial advice mentor who demands only the best outcomes for both individuals and businesses he works alongside.

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