Right to buy bad credit

Right to buy mortgages with CCJ

Right to buy mortgage with bad credit history.

For many people owning their own home is something to strive for and the council right to buy scheme is a fantastic opportunity. However some applicants have a bad credit record and think they will be stopped from purchasing their home because of this.

But help is at hand, there are a few specialist mortgage lenders in the UK that arrange mortgages for people with bad credit who are eligible for the right to buy.

Rates do tend to be higher for bad credit right to buy mortgages and there are many factors that are looked at when lenders offer mortgages for bad credit. You may have a CCJ or default on a credit card, some lenders will except arrears on rent. Late or missed payments on a loan, car finace or catalogue will also be taken into consideration.

If you have the right to buy and your credit score is not perfect contact us today for a free appraisal, we will be able to advise you on the best course of action. For some people their credit history may not be as bad as first thought, for others it may mean waiting 6 months to a year for the credit history to become historic.

Contact us to day for the latest bad credit mortgage deals in the UK, to speak with a mortgage broker now call 01202 512340 or click on the contact us form and enter your details to request a broker to call.