Poor and Bad Credit Mortgages

Are we at long last starting to see a number of the more traditional lenders now taking a view on mortgage applications that would have normally been declined  on credit score. It is very interesting to see the way the mortgage market maybe changing as business has become a little more tough due to that horrible word Brexit and the negative implications that it has had on the property market in certain areas of the country. It would be better to have that  little more competition in the area of Poor Credit Mortgages to help a number of First Time Buyers get on the property ladder who appear to be failing at 95% LTV for what may appear to be minor blips on their credit record. This is where that wonderful word Common sense has disappeared from some aspects of lending, come on y0u lenders we just need that extra little bit of help to get some of these cases over the line.

leave a reply