In many circumstances this will not prevent a mortgage lender offering finance for a purchase or remortgage.

Interest rates may be slightly higher than those offered on the ‘High Street’. Lenders specialising within this market generally use a ‘sliding scale’ when underwriting cases. The more severe the adverse credit the higher the rate of interest.

Mortgage finance with ‘adverse’ lenders need not last for the term of the loan. In many instances loans can be refinanced onto more competitive interest rates usually after three years. This can result in lower mortgage payments.

To apply for a Mortgage or to see how much you can borrow complete our Financial Summary. Our advisors will look at this immediately and will contact you within 24 hours. Alternatively speak to an advisor on line now by clicking the link below.