One-man shop with bad credit mortgage solutions also for those who have 1 years accounts:
- Missed re re payments, defaults, CCJs accepted
- Can perhaps work of final year’s account / Tax return figures
- Deposit levels as low as ten to fifteenpercent
- Missed payments on interaction bills ignored
You have already tried and been declined by the Lenders with a high street presence if you are Self employed with a bad credit mortgage products are going to difficult to obtain and the chances are. Bad credit mortgages are classed as much things that are different it can be a couple of easy missed payments which can be fairly current; or maybe more severe missed payments on secured loan; or mortgages appropriate the way in which right through to defaults and county court judgements (ccjs).
Another challenge with a one-man shop with bad credit home loan would be the fact that numerous high-street lenders need a least two to three years account figures, and can generally just take the average of the profits, which means that in the event that you’ve had a negative 12 months for the reason that duration it might come and impact your home loan, despite the fact that your online business has become booming.
The news that is good at Niche Advice we specialise in enabling one-man shop with bad credit home loan candidates with bad credit. I have actually aided numerous customers overcome the difficulties of having a home loan, and even though there is past credit dilemmas, and have always been significantly more than happy to talk with potential customers and also require recently been refused down the street that is high.
Example Product – Self Employed Fair Credit 65% loan to value (Residential)
Features: 1 Year’s Trading. Start thinking about tiny defaults and CCJs registered over a couple of years ago. A few missed payments. Personal employed minimal trading period one year.