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Adverse Credit Mortgages - do they even exist?
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Speak to a whole of market or independent broker.
Likely to be a fee involved which is one reason L&C wont do it. Lots of work involved in a case with adverse.I am a Mortgage AdviserYou should note that this site doesn't check my status as a mortgage adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0 -
it might be worth you having a read on the Aldermore bank web site Personal Mortgages
on the face of it they seem to be more lenient than some0 -
Dont I know it. TSB quoted to me that I'd need 6 years of default free credit history? This was in the same letter that they gave me £100 to stop complaining direct to their CEO.
While it may give you satisfaction writing to the CEO. Will make no difference. Days of easy lending are over. The lunatics have been kicked out of the asylum.0 -
We keep defaults for six years from the date they defaulted, which should be clearly marked on your report for each entry, not from the satisfaction date.
James“Official Company Representative
I am an official company representative of Experian. MSE has given permission for me to post in response to queries about the company, so that I can help solve issues. You can see my name on the companies with permission to post list. I am not allowed to tout for business at all. If you believe I am please report it to forumteam@moneysavingexpert.com This does NOT imply any form of approval of my company or its products by MSE"
Posts by James Jones, Neil Stone, Stuart Storey & Joe Standen0 -
I have just been accepted by Woolwich on the HTB scheme with 3 defaults. there criteria was the defaults had to be settled for more then 3 years. Mine are due to fall off in October.0
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Thanks for everyone's help thus far it is really appreciated. Can anyone recommend another broker or would it be best to use someone local to my area?0
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