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Late or missed payments can leave marks on your credit file, which will raise red flags with mortgage companies who understandably, will have concerns about your ability to keep up with your monthly mortgage repayments, and ultimately deem you to be a high-risk borrower.
Some lenders will however consider you for a mortgage even if you have a history of making late payments. They recognise that late or missed payments are not always a solid indication of your ability to manage your money, and it’s our job here at CLS Money to connect you with these companies and help find you the best possible deal.
Because our brokers have access to the whole of the market, we can put your case to a range of specialist lenders, who are happy to consider borrowers who have a less-than-perfect credit history. Once we’ve sourced the right agreement from a lender that’s sympathetic to your situation, we’ll also manage the paperwork and liaise with all third parties to make sure your application is successful.
Contact our experienced brokers today to learn more about arranging a mortgage with a history of late or missed payments.
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