FAQs

Should I use a specialist broker for a day rate contractor mortgage? What documents are needed for a day rate contractor mortgage? Do I need two years of accounts to get a contractor mortgage? How do lenders calculate income for a day rate contractor mortgage? Can I get a mortgage as a day rate contractor? Can I get a mortgage if I’ve recently started a zero-hour contract? Do zero-hour contractors have fewer mortgage options? What documents do I need to apply as a zero-hour contractor? How do lenders check income for zero-hour contractors? Can zero-hour contractors get a mortgage? Can I get a mortgage if I’ve only recently started working as an agency worker? Are mortgage options limited for self-employed agency workers? What documents do I need to apply as a self-employed agency worker? How do lenders assess mortgage applications for agency workers? Can agency workers get a mortgage while self-employed? Can I get a mortgage if I’ve recently started freelancing? Are mortgage options limited for freelancers? What documents do freelancers need to apply for a mortgage? How many years of accounts do I need as a freelancer? Can freelancers get a mortgage? Can I get a mortgage if I’ve recently started trading as a sole trader? Do sole traders have fewer mortgage options? What documents do I need as a sole trader to apply for a mortgage? How long do I need to be a sole trader to get a mortgage? Can a sole trader get a mortgage? Can I get a mortgage if I’ve only been self-employed for a short time? Do self-employed people have fewer mortgage options? What documents will I need as a self-employed applicant? How many years of accounts do I need for a self-employed mortgage? Can I get a mortgage if I’m self-employed? How much can I borrow as a CIS contractor? What documents do I need for a CIS contractor mortgage? Can I get a CIS contractor mortgage with bad credit? Do lenders use gross or net income for CIS contractor mortgages? Can CIS contractors get a mortgage without two years of accounts? How much of my income will the policy pay? Can I get income protection insurance with bad credit? Will income protection cover me if I’m off work long-term? Can self-employed or CIS contractors get income protection? What is income protection insurance? Will pre-existing medical conditions affect my cover? How long does critical illness cover last? Can critical illness cover be added to my life insurance? Can I get critical illness cover with adverse credit? What does critical illness cover include? Can I include critical illness in my life insurance policy? How much life insurance cover do I need for my mortgage? What type of life insurance is best for my mortgage? Can I get life insurance with bad credit? Do I need life insurance to get a mortgage? Can moving home with a bad credit mortgage help me improve my credit score? Will I pay higher interest rates if I have bad credit? Do I need a bigger deposit to move home with bad credit? Will bad credit stop me from getting a home mover mortgage? Can I move house if I have bad credit? What types of bad credit do mortgage lenders look at? Can I get a mortgage as a first time buyer with bad credit? Will a second charge mortgage affect my credit rating? How much can I borrow with a second charge mortgage if I have bad credit? Can I get a second charge mortgage with bad credit? Why choose a second charge mortgage instead of remortgaging? What is a second charge mortgage? Can I get a mortgage if I take a low salary from my company? Is it harder for company directors to get a mortgage? How much can I borrow as a company director? What documents will I need to apply for a mortgage as a company director? Can I get a mortgage as a company director? Why am I struggling to get a mortgage with 3 missed payments? How long will missed payments affect me getting a mortgage? What happens if you miss or make a late payment? Which missed payments will affect your mortgage application? How long do missed payments affect my credit score? How many missed payments until my account defaults? Difference between late & missed payments? What steps should I take to get a mortgage after bankruptcy? What does bankrupt mean? Can I get a mortgage with bankruptcy in progress? How long after bankruptcy can I get a mortgage? What steps should I take to get a mortgage with an IVA? What is an IVA? How much deposit for shared ownership mortgages with bad credit? Are shared ownership mortgages with bad credit more expensive? Are shared ownership mortgages a good idea? How do shared ownership mortgages work? Can you get a shared ownership mortgage with bad credit? Can you release equity with bad credit? Does equity release affect benefits? How does equity release work when you die? How does equity release work? What is equity release? What steps should I take to get a mortgage after a CCJ? Can I get a mortgage if my CCJ is satisfied? Does a CCJ (County Court Judgment) affect getting a mortgage? Can you get a mortgage with a CCJ? What steps should I take to get a mortgage after defaulting on a commitment?  Can I get a mortgage with a defaulted student loan? Chances of getting a mortgage with defaults? Can you get a mortgage with a default? Can I remortgage after a missed mortgage payment? Will late payments affect my mortgage application? Will missing a mortgage payment affect my credit score? I missed my mortgage payment by one day, what can I do? What steps should I take to get a Right to Buy mortgage if I have bad credit? How much deposit will I need for a Right to Buy mortgage with bad credit? Can I get a Right to Buy mortgage with bad credit? How does a Right to Buy mortgage work if you have bad credit? Can I get a Right to Buy mortgage on benefits? What is a Right to Buy mortgage? How much deposit do I need for bad credit self-employed mortgage? How do bad credit self-employed mortgages work? How much can I borrow for bad credit self-employed mortgages? How many years of accounts do you need for a bad credit self-employed mortgage? What documents do you need for a bad credit self-employed mortgage? What is a transfer of equity? Why should you remortgage? What is debt consolidation? What is a Product transfer? What is a remortgage? Low credit score but no missed payments? How can I increase my credit score? Why is my credit score low if I don’t have any active debts? Why is it difficult getting a mortgage without a credit history? Is there anything I can do to help with my mortgage application without any credit history? Can you get a mortgage with no credit history? How long will a Debt Management Plan (DMP) stay on your Credit report? Getting a mortgage with a Debt Management Plan (DMP)? How does Debt Management Plan (DMP) affect credit score? Can you get a mortgage with a Debt Management Plan (DMP)? What is a Debt Management Plan (DMP)? How long after an IVA can I get mortgage? Will IVA affect my mortgage? Can you get a mortgage with an IVA? Which mortgage lenders accept bankrupts? Can you qualify for a mortgage with a Bankruptcy? How long after a CCJ is registered can I get a mortgage? Can I still get a mortgage with a CCJ or default? The difference between a CCJ and Defaults What is a Default? What is a CCJ? I am from outside the EU and live here on a spousal visa, can I still apply for a mortgage? Can I still get a mortgage if I am from the EU due to Brexit? What is the maximum age I can apply for a mortgage? Are there any lenders that will consider a director who took a minimum salary to reinvest into a growing company? I am self-employed but paid via the CIS scheme do I still have to be trading 12 months? I used to be a sole trader and now I trade under a limited company, would I have to wait 12 months after registration? I am self-employed and have only been trading 12 months can I still get a mortgage? How long do I have to be in my current job before I can apply for a mortgage? Our council tenancy is in joint names with my partner, but I wish to purchase on my own. Is this possible? I had an AIP but was declined at full application due to missed rental payments, are there lenders that will accept this? Can I buy my Right to Buy home whilst I am in a debt management plan? Why am I struggling to find a Right to Buy mortgage when I was discharged from my bankruptcy nearly 2 years ago? I am currently in an IVA can I apply for a Right to Buy mortgage? Can I use the Right to Buy discount as my deposit? Which scheme is better Help to Buy or Shared Ownership? Can I use Help to Buy to purchase a property if I have adverse credit? Are Shared Ownership Mortgages available for people with defaults and CCJ’s? I’m being gifted a deposit by a friend, but my lender will not accept this. Are there any lenders that will? I’m struggling to raise a deposit are guarantors accepted? How much deposit are you likely to need? I have paid off my defaults so why am I still struggling to get a mortgage? Are mortgages possible for people with defaults? Are mortgages possible whilst in a debt management plan? Can I get a mortgage with CCJ’s recorded against me? Can I get a mortgage if I am currently in an IVA? Can I get a mortgage if I have been bankrupt? How long will adverse stay on my credit file? How do I get a mortgage? Are mortgages possible whilst currently in arrears on credit commitments? I have never taken out any credit and as far as I know I have never done anything that would be considered adverse. Why am I struggling to get a mortgage? Can I get a new mortgage if I have had late mortgage payments? What is adverse credit?