IT is believed that in the UK, one in four people would be refused by leading names in the mortgage lending industry for a mortgage due to adverse credit history.
Such a large proportion of people looking for mortgages do not fit in with the criteria required to gain status suitable for a mortgage. If you find yourself in this situation, we can help.
There are some mortgages lenders who supply mortgages to an individual's circumstances. These all offer feasible mortgage options for people who find themselves looking for a mortgage but have bad credit history.
With the lending market becoming more diverse, the mortgage market has been able to create mortgages to fit almost every credit profile.
These mortgages have been specially designed for different types of bad credit and are similar to mainstream mortgage deals. There are usually options such as fixed rate, capped or base rate tracker adverse credit mortgages. Although there may be differences between the standard mortgages and bad credit mortgages offered by lenders.
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