Do providers that are high-street bad credit mortgages?

Do providers that are high-street bad credit mortgages?

Not necessarily, and those which do might provide you with unfavourable prices.

The tables below will provide you with idea of exactly just how most most likely you may be to obtain that loan on the basis of the sort of credit dilemmas you’ve got and just how very long you have to hold back before pushing ahead.

0-12 months years which are 1-2 years 3-4 years 4+ years
later re re payments Yes (a range) Yes (a variety) Yes (a variety) Yes (a range) Yes (a range)
Mortgage Arrears Yes (Usually maximum 3 belated) Yes (a variety) Yes (a variety) Yes (a range) Yes (a range)
CCJs Yes (if good LTV) perhaps (If good LTV) Yes (Any value) Yes (Any value) Yes (Any value)
Defaults Yes (if good LTV) perhaps (If good LTV) perhaps (If good LTV) Yes (Any value) Yes (Any value)
Debt MGBT Unlikely Yes (If credit history is unaffected) Yes (If credit history is unaffected) Yes (If credit history is unaffected) Yes (If credit history is unaffected)
IVA Unlikely feasible having a 25% deposit available with a 20% deposit potential by having a 20% deposit available by having a 10% deposit
Bankruptcy Unlikely potential with 25per cent deposit feasible with 15per cent deposit viable with 5% deposit potential with 5% deposit
Repossessions Unlikely Yes (with 25% deposit) Yes (with 25% deposit) Yes Yes

Please be aware why these tables are for instance purposes just and had been proper during the time of creation (January 2020). Get in contact and a specialist will look at any updates to you.

For those who have almost any bad credit, the separate agents we assist will search the whole marketplace for the greatest deal centered on your requirements and circumstances. Continue reading “Do providers that are high-street bad credit mortgages?”