One-man shop with bad credit home loan solutions also for those who have 1 years accounts:
- Missed re payments, defaults, CCJs accepted
- Can perhaps work of final year’s account / Tax return numbers
- Deposit levels as low as ten to fifteenper cent
- 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 may be classed as much various things: it can be a couple of easy missed payments which are reasonably present; or even more severe missed payments on secured loan; or mortgages right 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 loan providers need a least two to three years account numbers, and certainly will generally use the average of the profits, which means that in the event that you’ve had a poor 12 months in that duration it might come and impact your home loan, despite the fact that your online business happens to be booming.
The very good news is at Niche Advice we specialise in getting one-man shop with bad credit home loan candidates with bad credit. I have actually assisted numerous consumers overcome the difficulties to getting a home loan, despite the fact that there’s been previous credit dilemmas, and have always been significantly more than happy to talk with potential consumers and also require been already refused down the high-street.
Example Product – Self Employed Fair Credit 65% loan to value (Residential)
Features: 1 Year’s Trading. More