Sometimes in life events happen that lead to pressure on your financial security that can ultimately result in an inability to meet your financial commitments. Whether it’s your fault or not life sometimes deals you a bad hand.
Circumstances vary from client to client but typically the impact is an issue being raised on your credit file which may ultimately impact your ability to raise finance again in the near future.
Most mortgage lenders credit score applicants so the effect of the adverse credit may result in a ‘declined’ mortgage application from a mainstream ‘high street’ lender. At this point in time you may believe that your chances to achieve a mortgage have gone but that is not necessarily the case.
As whole of market advisers we have access to a vast array of specialized adverse credit mortgage lenders that can potentially meet your needs. The key for us is fully understanding your circumstances and matching these adverse issues to the right mortgage lender.
Many minor adverse issues can still be accepted by mainstream lenders at market leading interest rates whilst more complex issues like defaults, county court judgements (CCJ’s), individual voluntary arrangements (IVA’s) or debt management plans may need a specialised lender.
We have the knowledge and experience in the area of the mortgage market to identify the issues on your credit report and place your ‘picture’ with the right mortgage lender to make your mortgage a reality.
We can plan your mortgage journey through the period where the issue will affect you, to ultimately the time and opportunity where you can once again be accepted by mainstream mortgage lenders. In this you will gain the confidence that we can manage this journey to ensure that you are always using the best mortgage products available for you current circumstances.
So please don’t sit there worrying about adverse credit issues and give up on your mortgage aspirations. Speak to us for a free initial consultation to see what opportunities are actually available for you.