Adverse Credit Mortgages
- If you have suffered from bad credit including County Court Judgements (CCJs), defaults, convictions, bankruptcy or for any other reason you have a poor credit record, then your mortgage may be considered by an Adverse Credit Mortgage Lender. Although lots of these types of lenders have recently withdrawn from the market there are still some lenders available who will accept people with credit problems.
- Interest rates on adverse credit mortgages will be higher than the normal rates as the lenders perceive that there is a higher risk by lending in such cases
- Lenders will typically consider your particular circumstances when assessing the amount you may borrow.
- For more information on adverse credit mortgages or to apply for adverse credit mortgages please follow the link -
Adverse Credit Mortgages