If you’re looking to get a buy to let mortgage with bad credit, here’s a guide to help you understand your credit issues and how to find a buy to let mortgage that’s right for you. Can I Get a Buy to Let Mortgage With Bad Credit? In short, yes, you can get a buy …
Lenders consider bankruptcy as a severe form of poor credit, so if you have this on your credit record, you may think you’ll never get a mortgage offer. This, though, is not the case! There are options open to you once your bankruptcy has been discharged. Bankruptcy may indeed cause a serious issue for some …
If you’ve had financial difficulties in the past, you may have a poor credit rating. Defaults, missed payments, and late payments all add up to black marks on your credit record, and this can cause lenders to reject you when you apply for a loan, credit card or mortgage. In the UK, bad credit will …
Prospective buyers in often ask me whether their credit score can be affected by the people they live with – and it’s not a straight yes or no answer! Your credit score is important, so worrying about whether others in your property could affect your chance of getting approved for a mortgage isn’t surprising. In …
Sometimes getting a mortgage can be challenging, but it can be even more challenging if you have a CCJ on your credit report. Whether your County Court Judgement is historical or more recent, you may believe you’ll be rejected for a mortgage automatically. Yet, some lenders may be prepared to extend credit to you, you …
If you’re someone who has a DMP or debt management plan to help pay off your non-priority debts such as your credit card bills, payday loans or personal loans, you may wonder what kind of mortgage you’ll be able to take out, or even whether you’d be offered a mortgage at all. As a mortgage …
If you have late or missed credit payments, the chances are that you’ll find it more challenging to obtain a mortgage. However, that doesn’t mean necessarily that you’ll be rejected outright. This is good news for prospective homebuyers in . The impact on your chances of getting a mortgage will depend on: What type of …
If you have a poor credit score, you may find it challenging to get a mortgage, particularly if you’ve got CCJs, defaults, IVAs or bankruptcy on your file. However, it isn’t impossible! Although you may have more limited options when it comes to securing a mortgage when you have a poor credit rating, you may …
If you have an IVA or Individual Voluntary Arrangement in you may think you can’t get a mortgage at all. However, that isn’t true! It’s fair to say you may find it more challenging to get your application approved, but with the right help from a mortgage advisor, you can still find a lender who …
If you’re one of the many people in who has taken out payday loans, you may be wondering whether you’ll be able to get a mortgage offer. There is a lot of contradictory and confusing information about getting mortgages after having payday loans, so here is all the information you need. Will Mortgage Lenders Consider …