Adverse Credit Mortgage
Adverse Credit Mortgage
It can be really frustrating to be told you have been refused a mortgage. That feeling of envisioning of what your new home will look like has suddenly dissolved into a feeling of despair.
This is why I am here to help you when others can’t.
Adverse credit may suggest you are not in control of your finances which could almost eliminate the chance of getting a high street mortgage. These can often be forgetting to pay a bill or being ordered by the courts to pay a parking fine, these credit blips whether you were aware or not may make you feel you cannot get a mortgage but that may not be the case.
The following can be deemed as adverse credit:
- Default
- CCJ (County Court Judgement)
- IVA (Individual Voluntary Arrangement)
- Debt Management Schemes
- Missed payments/arrears
- Bankruptcy
- Payday Loans
- No credit history
These credit blips can show up on your credit report which is why you will definitely hear me request one from you! The reason why I will request your credit report is it will give me a clear picture of your finances and find any adverse credit on there.
If you are unsure of how to obtain your credit report please let me know so I can assist you with this.
When it comes to adverse credit it requires a bespoke approach as no case is the same! There are many variables however it is certainly something I could help with.
To understand your chances of getting right mortgage for you I will need to do an assessment of your credit file so get in touch to see if I can help you