Below, we reveal just exactly exactly how 10 major mortgage brokers approach candidates with bad credit.
- Standard re re payments вЂ“ Will accept candidates with defaults after 36 months, and these need to have predominantly have already been settled whenever you use. For secured finance or lease arrears, there must be no defaults within the last few half a year.
- CCJs вЂ“ Will accept applicants with CCJs at under ВЈ200 in the last 3 years; quantities above this could be accepted after 36 months. Both instances require the CCJs to have already been pleased.
- Bankruptcy and IVAs вЂ“ Will accept candidates after six years.
- Slim credit file вЂ“ No specific schedule, but shows that individuals take the time to build up their credit history.
Coventry Building Community
- Standard re payments вЂ“ Will accept candidates with defaults after 90 days has passed away.