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Lenders who will lend to less than perfect applicants

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Angelcrackers
Angelcrackers Posts: 57 Forumite
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in Mortgages & endowments
I have a list of companies who will lend to people with adverse credit histories. Am I missing any?

Vida
Bluestone
Aldermore
Pepper
Kensington 
Kent Reliance
Foundation Home Loans
Darlington BS
Bath Building Society. 

Are there any others? Are there any to avoid?

Many thanks

Comments

  • JustMe18
    JustMe18 Posts: 149 Forumite
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    Together Money - but very high interest rates
  • Angelcrackers
    Angelcrackers Posts: 57 Forumite
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    Thanks. Good to know. Any idea who is likely to be the most competitive rates?
  • amnblog
    amnblog Posts: 12,487 Forumite
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    What you are missing is that many of these Lenders will not deal with you direct. Even if they do you are likely to make a hash of it. Use an independent broker.
    I am a Mortgage Broker

    You should note that this site doesn't check my status as a Mortgage Broker, 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.
  • ACG
    ACG Posts: 23,800 Forumite
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    edited 23 May at 4:42PM
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    Can I suggest you speak to a broker? 
    I do a lot of adverse (im not plugging for business btw), 48% of  my adverse customers this year have not ended up with an adverse lender.

    By limiting yourself to those types of lenders you might be missing a trick. 

    Edit: Sorry, I missed that you had included Bath/Darlington. There are certainly others though. The key is to marry up your adverse with the best lender. As an example, nationwide can accept bankruptcy once discharged for 3 years. But that does not mean you will pass the credit check. 
    I am a Mortgage Adviser
    You 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.
  • Angelcrackers
    Angelcrackers Posts: 57 Forumite
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    Hi, 

    No if we go for it I would definitely use a broker. I'm just trying to get a feel for the likely rates and the criteria by looking at a few websites of the companies and was trying to see if there are others I haven't found.
  • Angelcrackers
    Angelcrackers Posts: 57 Forumite
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    amnblog said:
    What you are missing is that many of these Lenders will not deal with you direct. Even if they do you are likely to make a hash of it. Use an independent broker.
    Yes I know this. I'm just doing my own research to get more informed before I look into a broker. 
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