Securing a mortgage with adverse credit can be challenging, but it’s certainly not impossible. In this week’s newsletter, we’ll explore how we support borrowers with a range of credit backgrounds, from minor missed payments to more serious issues such as defaults.
Credit issues can range from minor infractions to severe complications, each affecting your ability to secure a mortgage differently,
Late Payments, No Credit History, Payday Loans, Unauthorised Overdraft Charges: These can be obstacles, but they’re often seen as less critical by lenders, especially if they are not recent.
County Court Judgment (CCJ), Mortgage Arrears, Defaults, Debt Management Plan (DMP), Debt Relief Order (DRO): These have a more significant impact and require additional planning with one of our brokers to secure mortgage approval.
Whatever the issue, our team of experienced brokers will be able to review your specific circumstances and identify which lender is best placed to consider your mortgage application, giving you a much greater chance of getting the mortgage you need.
Get in Touch
Don’t let past credit issues hold you back. Contact us today at 0208 364 3444 or click here to schedule a free consultation call and take the first step towards securing your mortgage.