Bad credit mortgage - the best way to get help
If you need a mortgage, but you suffer from a bad credit rating
or you have debt problems, you need to talk to a specialist advisor.
The traditional mortgage market will not normally accept applications
from people with a bad credit history. If you have a bad credit
rating, have had trouble with a previous mortgage, or are in other
financial difficulty, talk to bad credit mortgage experts like Leybridge
Limited.
Use your time more wisely and investigate the bad credit mortgage
market. This market is dominated by specialist lenders, who have
developed a range of products to suit people with debt. Your credit
rating and previous financial history may affect the rate of interest
charged, and there may be additional conditions imposed upon you,
but there will usually be a mortgage product that suits your circumstances.
Here's what you need to do:
-
Find a specialist advisor - there are
mortgage advisors, like Leybridge Limited, who are experts in
finding bad credit mortgage products. With access to a carefully
selected panel of specialist lenders and years of experience,
these advisors are best-placed to help. Make sure your mortgage
advisor is authorised and regulated by the Financial Services
Authority (FSA). It is illegal for anyone to advise you about
mortgages if they are not FSA authorised.
-
Be honest about your bad credit - you
need to get out of your financial difficulties and the best
way to start is to be honest about your income and your outgoings.
Include any credit and store card debt, as well as outstanding
loans and any other financial problems. This will help your
advisor work out what you can afford to pay, and recommend relevant
products.
-
Look at the options - once you have
spoken to your mortgage advisor, they will be able to recommend
one or more bad credit mortgages. They will be able to highlight
the differences between them and tell you which one they think
will be best for you. Make sure you are happy with the options
you are given and ask any questions that occur to you - even
if they seem obvious.
-
Ask for help - your advisor will take
the time to talk this through with you at a comfortable pace.
They will be in regular contact with you and help you fill in
the paperwork, handling all the administration for you. If you
have a problem, or there's something you don't understand, just
ask for help.
If you are moving home, or buying your first home and you need
a mortgage, but you have a bad credit history, you can get a mortgage.
Find a specialist advisor like Leybridge Limited who will work with
you to find the best solution, and you could be in your new home
with far less stress than you thought.
Call us today on 0800 977 7587 to speak to an advisor and to find
out more about our bad credit mortgage service.
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