Getting a mortgage when you have defaults can be very difficult, especially if the defaults are within the last 12 months.
High street lender will typically not accept defaults within the last 6 years even if you have no other credit issues and a fairly good credit score.
The good news is many lenders will accept defaults on a credit file, even it they are within the last 12 months.
When you have credit issues it is important to speak to a mortgage broker who is an adverse / bad credit specialist. Only by speaking to a bad credit specialist can you be confident you are obtaining the best deals for your circumstances.
At Plus Financial Solutions we are experts in helping our clients obtain mortgages when they have defaults, we have access to the whole of the market and have access to the top adverse credit lenders including:
Pepper Home Loans
The Mortgage Lender
And Many more…
Contact us today to find out how we can help you secure your new mortgage, or call us on 01604 328 091!