i have 80% deposit to purchase a 95000 pound house i have got bad credit can i get a mortgage

Asked by markfielding7

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Answered by Paul Richardson, IFA in Wotton under Edge, GLOUCESTERSHIRE
Most lenders have a minimum £25,000 lending criteria so you would have to find one without this limit
In terms of bad credit - it all depends on how bad credit it is - with a 80% deposit, I am sure you could source a lender as the risk is lower for them, however, they may make you pay for your bad credit through a high interest rate. | 07.26.11 @ 13:08
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$commenter.renderDisplayableName() — {comment} | 11.23.17 @ 01:48
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Answered by

Paul Richardson
Paul Richardson, IFA in Wotton under Edge, GLOUCESTERSHIRE

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