Can my independent mortgage broker Manchester still get a mortgage with mortgage arrears?

If you’re looking for a mortgage and you’re using an independent mortgage broker Manchester the answer should be yes. Having mortgage arrears either unsatisfied or satisfied should still allow you to obtain your mortgage finance. However, all client’s individual circumstances are different and unique. It would be prudent to discuss your mortgage arrears with your independent mortgage broker Manchester when you’re looking for a mortgage with mortgage arrears.

Declare the mortgage arrears to your independent mortgage broker Manchester

If you are looking for a mortgage with mortgage arrears then you must without doubt declare the fact of its existence to your independent mortgage broker Manchester. Although some clients actually are unaware of the mortgage arrears having been registered. If this is the case the first thing you would need to do is get over the shock of the mortgage arrears being registered on your credit report. The credit agencies that usually record the mortgage arrears would be Experian, Equifax and Call Credit, there are other credit report agencies but these are probably the three biggest agencies. Having a mortgage arrears registered against you can be annoying.

Using your independent mortgage broker Manchester could save you time, effort and in most cases money

Having a mortgage arrears registered against you can really cause you a lot of problems when trying to apply for your new mortgage. It would in most cases be declined if you were to attempt to obtain a mortgage via the high street. Using an independent mortgage broker Manchester could save you the time of going from bank to bank explaining the situation to them, it will save you the stress of being declined because of the mortgage arrears, it will help in so many ways. When you’re looking for any kind of bad credit mortgage but especially when you have an outstanding or historic mortgage arrears it really is the better less stressful route to getting your bad credit mortgage by using an independent mortgage broker Manchester.

How long will the mortgage arrears remain on my Experian or Equifax credit report

The negative affect that having the mortgage arrears registered against you will remain on your credit report for a period of 6 years from the date the mortgage arrears is registered. This means no matter what kind of finance you are looking for; it will undoubtedly have a detrimental effect on your ability to obtain finance now or in the future. If you need any further clarification when you’re looking to apply for a bad credit mortgage especially with an outstanding mortgage arrears, speak with your independent mortgage broker Manchester.

Having a mortgage arrears or existing credit problems or historic bad credit shouldn’t prevent you looking for your bad credit mortgage

It goes without saying that if you have had past credit problems or you currently have mortgage arrears, it can be more difficult to get a new mortgage, although that doesn’t mean it will be impossible for you to buy a home or remortgage your existing home with bad credit. Some lenders but much more important to be aware of some more specialist lenders beyond the big high-street names – can accommodate borrowers who have a poor credit history.

Types of borrowers that a specialist mortgage lender may be able to assist are:

  • Foreign nationals
  • Foreign visas such as:
  • Tier 1 visa
  • Tier 2 visa
  • Spousal visa
  • Student visa
  • Section 106
  • Right to Buy
  • Ex-Pat mortgages

There are many other reasons why using a specialist mortgage lender may be the solution you may need. Speaking with your independent mortgage broker Manchester you can discuss your individual bad credit mortgage requirements.

Let your independent mortgage broker Manchester assist you in finding the best bad credit mortgage

Using your independent mortgage broker Manchester to assist you in finding your perfect bad credit mortgage pays dividends check out our testimonials page. We have an amazing history of supporting foreign nationals with a Tier 2 visa, spousal visa and ex pat mortgages deals.

Why Choose Independent mortgage brokers Manchester for a mortgage arrears Mortgages?

Choose Independent mortgage brokers Manchester – we really are your bad credit mortgage company

Here at Independent mortgage brokers Manchester we have a wealth of experience in all types of mortgages as well as adverse credit mortgages. Putting all of this together it simply means that if you have a mortgage arrears in your name, we’re the independent mortgage brokers Manchester you need to approach for your bad credit mortgage needs.

Having a mortgage arrears could cause you a problem when applying for your bad credit mortgage.

We pride ourselves on our bad credit mortgage process, service, and results. A mortgage arrears is without doubt a problem when you begin your search for your bad credit mortgage. Your options are severely limited, the chance of even obtaining the agreement from even a specialist lender can be very difficult. However, speaking with your independent mortgage broker Manchester and working with them. Using the help of our expert advisers, we will look to pre-underwrite your bad credit mortgage, we will also provide you with the support from your dedicated case manager. Using an independent mortgage broker Manchester will surely give you a better chance of securing your bad credit mortgage with a mortgage arrears either unsatisfied or satisfied. Please discuss your requirements with your independent mortgage broker Manchester.

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