Adverse, Bad & Poor Credit UK - adverse credit mortgages
Mortgages An adverse credit mortgage, or better known as a sub prime or non-standard mortgage, is designed for people who have an adverse credit history. It can also be called a non-status mortgage or bad credit mortgage. If you have a poor credit history it could mean that you have recieved a county court judgment or have mortgage arrears or bankruptcy. being in a position where you have an adverse credit rating is easy, and many people have them. If you do have an adverse credit rating when lenders come to do a credit check, it makes it difficult for you to be approved for a mortgage. There are many lenders that specialise in lending to people in just your situation. |
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