Any options for me?

dml123

Hello Everyone.
I am in a tough situation just declined AIP/DIP for both halifax and nationwide (tried to apply online).

Foreigner on Tier 1 Visa (13 months left on visa - renewable)
Income: £45k a year - Self employed based on limited companies (1 year of accounts)
Credit History: 820 Experian score. History of PDL and one satisfied default back in 2013
Looking to borough £180,000 (house price is £220,000)

What are my options?

dimbo61

You have tried yourself so find a " Whole of market mortgage broker" and see if they can help.
Keep saving

Malmo

So...
Not a resident or citizen of the UK
Self employed with only 1 year's account history
Short term loan history
Adverse credit history

This is for a very good broker and not one to attempt direct. Expect to pay a broker fee as I suspect a decent amount of work will be involved.
What research did you do yourself before approaching those 2 lenders?

seoguy

Have you tried Kensington?

Senior_Paper_Monitor

Kensington would have to go through a broker anyway.

Not enough info there to judge if acceptable to Kensington - which is part of the reason why brokers will not suggest lenders on here - but they may be (as may others).

Dimbo's recommendation suggests he isn't !!

amnblog

There are Lenders that can live with Tier 1 VISAs.


There are Lenders that can live with 1 years accounts.


There are Lenders that can live with defaults.


There are Lenders that can live with PDLs.


You need a Lender that will live with all 4 and I can't think of one.


I suspect you will need to wait until you have permanent right to reside, or the adverse credit is a few more years away.