Getting a mortgage with a low credit profile or a history of debt can be tricky, we won’t lie. But that doesn’t mean it isn’t possible. If we have faith in your application, we’ll do our very best to make sure you have the best lending proposal available.
There’s a lot of complex information and jargon surrounding mortgages which can be confusing, so let us help you understand how to get a mortgage. Firstly, you need to be over 18, have money available for a deposit and be in employment (usually 12 months continued employed) to get started with a mortgage. But there’s a lot more to it than that. To get your application accepted, a lender will want to see that you’ll be able to cope with repayments. This is why a good financial background and credit score is important. You’ll be asked for a range of documents to prove this, such as bank statements and payslips.
For those with low credit, we understand it will be harder to find high street lenders willing to offer you a deal. However, we know there are lenders out there that will. And we are your stepping stone to them. By rebuilding your credit, saving as much as you can for a deposit, and proving you’re financially trustworthy, there should be no problem in securing you a great mortgage. Get in touch with us for advice specific to your financial situation.Back to faqs