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Adverse credit mortgages Lenders will check your credit scoring before approving a mortgage, and if you score low may turn you down. However, most lenders have a specialist section that can work with you if you have a damaged credit record. This sector is also known as non-conforming or credit-averse, and can help people who have been bankrupt or issued with CCJs. A full range of mortgages could still be available to you. Pros:
Cons:
Disclaimer: This material is for general information only and does not constitute investment, tax, legal or other form of advice. You should not rely on this information to make any decisions. Always obtain independent, professional advice. |
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