What ever your situation, we can help you apply for a buy to let mortgage, even if you had bad credit or a bad credit history. Buy to let mortgages are not much different to that of residential because of this more and more lenders are now accepting buy to let mortgages for those with some sort of bad credit.
If you have bad credit then we may be able to source you a lender, here at a mortgage 4 you we have access to the whole buy to let market, in that market are lenders who accept buy to let mortgages with hints of bad credit. Although the buy to let market has not fully opened up to those with bad credit, but we may be able to find a lender to meet your criteria.
Bad credit may affect your ability to gain the lenders trust when it comes to lending, however items like satisfying previous debts, and having a larger deposit can usually change the lenders decision.
If you have been refused elsewhere for a buy to let with bad credit then give us a call or fill out our enquiry form to see how we can help you. Just because you may have been turned down elsewhere, doesn't mean that all is lost, so don't give up yet!.
Bad credit can stem easily from mistakes in the past, or past grievances can take a toll leaving us branded with bad credit, these situations can be seen differently from lender to lender. An element of understanding is applied, therfore some lenders, may take these items into consideration rather then just declining you. Remember that most high street lenders are not great fans of bad credit, and many wont accept you for generic mortgage products, therfore independant mortgage brokers who have access to the full market, can usually source you a lender who will deal with you.
Bad credit can stem from missed payments, outstanding bills, defaulted repayments, and much more. If you want to know just what your credit status is, it is always wise to obtain a copy of your credit file.
If you have bad credit, adverse credit or a bad credit history and want to join the buy to let property ladder. Then fill out our buy to let application form and one of our friendly advisers will contact you.
We can help
- Individuals with bad credit looking for a buy to let
- buy to let for those who have had ccjs
- buy to let for those with some adverse credit
- buy to let for those with self certification