- MORTGAGES
- first time buyers
- home mover mortgage
- remortgages
- self certification
- buy to let mortgages
- adverse credit mortgages
- commercial mortgages
- mortgage application form
- MORTGAGE TYPES
- fixed rate mortgages
- variable rate mortgages
- capped mortgages
- discounted mortgages
- tracker mortgages
- cashback mortgages
- offset mortgages
- interest only mortgages
- LOANS
- secured loans
- secured loan form
- INSURANCE
- buildings insurance
- contents insurance
- payment protection insurance
Adverse Credit Mortgages
More people are experiencing problems obtaining a mortgage through having had financial difficulties in the past, it can be easy to obtain a bad credit rating which can effect your ability to obtain a mortgage.
Lenders may automatically reject an application due to a poor credit rating, this rejection may be recorded as part of the credit rating and make it even more difficult to obtain a mortgage
If you are looking for a mortgage and have been refused a mortgage through CCJ's, defaults or arrears our team of specialist mortgage advisers are experienced in dealing with providers who are sympathetic to your situation and offer a fair deal.
At Model Mortgages we have a number of lenders who do not use a credit scoring facility when assesing mortgage applications.
Please use our mortgage enquiry form or contact us on 01388 606294, no credit searches will be recorded against you without further permission.
We can offer mortgages for people with adverse credit problems.
Our adverse credit mortgages are based on each individuals personal circumstances and previous credit history, if you are looking for a mortgage we will find the best availalable product to suit your individual circumstances, with no additional fees.
Andrew Rogers had recently been discharged from bankruptcy. He wanted to buy his council house but thought he had to have been discharged for at least two years before he could get a mortgage, that is until he came to Model Mortgages.
Model Mortgages arranged a mortgage for him with one of their specialist lenders who would lend on immediate discharge for bankrupts. They arranged a fixed rate for three years with no tie in after the fixed rate period meaning that when this deal expired they were free to get a better rate with no redemption penalty. Andrew said " I am over the moon. After years of renting my wife and I are now ptoud house owners. I owe Model Mortgages a lot and have no problem in recommending them to all my friends.
Get a decision in principal on a mortgage - complete our simple application form.
Alan and Karen Burton had been turned away by so many high street lenders for a mortgage they had practically given up until they came to Model Mortgages.
We had made a few mistakes in the past with our finances and coupled with bad luck we reached a point where we had County Court Judgements awarded against us to the tune of £6,000. We managed to clear some but a few are still outstanding and we are still paying them off. Our rent is particularly high and unfortunately we accumulated some arrears, that's why we wanted to own our own house.
At Model Mortgages we have lenders who understand that people do get into difficulties often through no fault of their own and are prepared to give them a second chance.
We had seen a house we liked for £50,000 but could only scrape together through savings and help from our family £3,000. We were amazed when Model Mortgages managed to get a 95% mortgage for us, even with all our problems, meaning we could not only buy the house but had enough money left over for solicitors fees. We can't thank Model Mortgages enough.
Get a decision in principal on a mortgage - complete our simple application form.