If you’re looking for a mortgage but you have a bad credit rating, you might be forgiven for thinking you’ve got no chance…
But you might be surprised to learn that it isn’t always a “no” from lenders – far from it.
Even if you have a default or a county court judgement (CCJ) damaging your credit rating, you can still get a loan.
There are specialist lenders who will take you on and I’ve helped a lot of clients in just such a predicament to find their way out.
Of course interest rates on the loan are likely to be a little higher, you have been labelled a bad risk after all. But nevertheless, you CAN get a mortgage and move forward and in to your own home.
And what’s more if you can prove you can keep up your repayments on the loan, this is an excellent way to repair your poor credit score for the future.
As with all mortgages, it’s best to discuss these loans face to face so that I can match the right product with your circumstances, so give me a call to fix an appointment.