Adverse Credit mortgages are for people who have had financial difficulties in the past.
Life can sometimes throw unexpected events at you which can put pressure on your finances. Periods of unemployment and sickness, divorce, death of a partner, recession can all change your financial position.
This can result in County Court Judgements (CCJ), Defaults or even bankruptcy, which then makes it difficult to gain a mortgage from high street lenders.
We can speak to lenders on your behalf and explain the reasons for the adverse credit. Lenders will then assess the perceived risk and we can then confirm the options available to you.
For further information please contact us.
Your home may be repossessed if you do not keep up repayments on your mortgage.
We will charge a broker fee of between £0 and £275, payable on production of mortgage offer. The amount we will charge is dependent on the amount of research and administration that is required.