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Help to Buy Scotland with adverse credit
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SG5989
Posts: 9 Forumite
Hi Everyone,
Looking for some advice. I am looking to get a mortgage but unfortunately I have some adverse credit, my most recent default was 2years ago. It seems like the only option to me is to save a 15% deposit and opt for a cheaper house. If I'm honest I'd rather opt for a new home and put only 5% down but this might just be a pipe dream until the defaults fall off my credit report. I earn about 45k a year basic.
My question is, are there any lenders that would provide mortgages for Help to Buy in Scotland for people with adverse credit?
Thanks
Looking for some advice. I am looking to get a mortgage but unfortunately I have some adverse credit, my most recent default was 2years ago. It seems like the only option to me is to save a 15% deposit and opt for a cheaper house. If I'm honest I'd rather opt for a new home and put only 5% down but this might just be a pipe dream until the defaults fall off my credit report. I earn about 45k a year basic.
My question is, are there any lenders that would provide mortgages for Help to Buy in Scotland for people with adverse credit?
Thanks
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