Money problems can affect anyone but there are certain credit issues, such as missed payments, defaults, county court judgements and bankruptcy, which can make it more difficult to secure a mortgage, especially as these days, mortgage companies are likely to favour customers with good credit histories, perfect work records and large deposits.
Mortgages for people with adverse credit ratings.
The good news is there some lenders out there that are willing to provide mortgages to clients with a less than perfect credit history. The products that are currently on offer to people with previous credit issues are also not as costly as they have been in the past. In fact, depending on your circumstances, you could be offered a product which is not too far away from a mainstream mortgage in terms of rate/overall cost.
How can Hallam Mortgages help?
Whilst we can’t guarantee a successful mortgage application we will do our very best to maximise your chances through impartial, professional advice and guidance. Our in-depth knowledge of the mortgage market means we know the lenders most likely to take into account your personal circumstances, whilst also securing the very best deal we can for you.
Do not presume you can’t when maybe we can help!