Adverse Credit
There are many reasons why people have adverse credit registered against them. It may be late payments on a credit card, personal loan or mortgage, and in more serious cases Individual Voluntary Arrangements (IVA’s) or Bankruptcy.
But adverse credit is no longer the problem it was 20 years ago. There are numerous lenders who will provide funding where borrowers have had historic credit problems. Lenders will charge a premium relevant to the risk, so the interest rate might not be as bad as you think.
When looking to place your adverse mortgage we are looking to put borrowers into a credit repair situation where lower rates are available to you in the future as your credit profile improves.
With our extensive range of lenders we can search the right product for you, so give us a call to discuss your options.