All Is Not Lost...It Very Rarely Is
Recent research from specialist lender Pepper Money indicated that almost two-thirds of adults with adverse credit, or missed payments on their credit record, are looking to buy a property in the next 12 months, but have no idea on how they could do so.
The research also found that 69 per cent of adults with adverse credit were concerned about having their application declined while 27 per cent thought they would have to wait longer than five years to apply for a mortgage after being registered with a County Court Judgement (CCJ).
But in reality there can be lenders who can help, and with the assistance of a specialist mortgage broker, the dream of home ownership may well be within their grasp. My advice would be to pick up the phone, have a completely no-obligation chat about the situation, and whilst I can't guarantee anything, I would be able to help direct them in the best possible way towards a lender who may very well be able to help.