You made a few bad decisions in the past? – perhaps you just couldn’t afford to pay that bill, or got yourself into serious debt and couldn’t dig yourself out of the hole. Maybe back in history, you refused to pay a bill out of principle, like the dreaded poll tax. Whatever the reason or circumstances, you now find yourself burdened with a County Court Judgement (CCJ), payment default or bankruptcy. Effectively, you have a bad or poor credit history as defined by the credit scoring used by most lenders.

But now you need a mortgage and severe problems lie ahead of you.

Major mortgage lenders are very likely to refuse a mortgage to anyone in such a position because a CCJ or payment default or a bankruptcy ruling on your credit file makes your credit record unfit for most of the big lenders. No leniency is used and account will be taken of this fact that it may be just a one-off financial crisis. They probably won’t even bother to enquire about your personal circumstances.

It is easier for them to just say NO and they will do just that!

Here at Bharat Mortgages, we will look at the bigger picture and use all our resources to ensure that you get the best possible deal despite the poor credit history and get you the best mortgage deal to suit all your needs and requirements. If you don’t contact us then it would be difficult for us to get you the deal, so contact us NOW.

Note: The overall cost for comparison is 7.5% APR. The actual rate available will depend upon your circumstances. Ask for a personalised illustration.