Have you had a mortgage application refused by your bank or building society? Being refused a mortgage does not necessarily mean you have bad credit or you have missed mortgage payments. You may be refused a mortgage due to being self employed or because you have income from different jobs.
To a specialist lender, even if you have missed mortgage payments your circumstances might not be as bad as you think. You may have more choice than you expect.
A poor credit rating or adverse credit history can result in a traditional mortgage application being rejected. However, if you do have poor credit history it does not necessarily mean you will not be able to obtain a mortgage.
There are numerous lenders that specialise in lending to people with adverse credit. Interest rates may be slightly higher because the lender views the borrower as a higher risk, but Signature Mortgages are committed to reviewing its clients circumstances on a regular basis with a view to transferring your mortgage to a high street lender as soon as is feasibly possible.
Please feel free to contact Signature Mortgages today for a free no obligation discussion on 0844 561 7250 or info@signature-mortgages.co.uk Alternatively use the Contact Us link to register your enquiry. We will always deal with your enquiry in as flexible way as possible, whether it’s face to face, by telephone, post or e mail.
Poor / Adverse Credit – The overall cost for comparison is 8.9% APR. The actual rate available will depend upon your circumstances. Ask for a personalised illustration.
Self Employed / No Proof of Income – The overall cost for comparison is 7.9% APR. The actual rate available will depend upon your circumstances. Ask for a personalised illustration.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT