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Adverse Credit Mortgage
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Whilst the options for people with credit difficulties, are not as large as they once were in recent months there has been some easing of the restrictions on people
who have historical problems, we have a access to a lender who if your credit issues are over 3 years old will usually grant a mortgage at their standard interest rates.
Subject to their usual criteria. Up to 90% LTV Available.
We have other lender who will accept the following:
| Defaults
| 2 in last 24 months (0 in 3); maximum £5000, (no more than 1 in first 12 months maximum £1000)
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| CCJs
| 1 in last 24 months (0 in 3), (maximum £1000 in 3-12 months, or maximum £2500 in last 13-24 months).
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| Mortgage Arrears
(worst status)
| 1 in last 12 months (0 in 3); 3 in last 36 months
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They will accept up to 80% loan to value. For both remortgage and purchases.
If your current circumstance is currently outside these criteria's give us a call there may be other options available to you.
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