For 1st Stop you need to be 21 years or older, be a home owner with an existing UK mortgage, be a permanant UK resident and be in Permanent paid employment. They don’t like Bankrupts or people in IVA’s or trust deeds.
It’s very regular to encounter people looking for bad credit remortgage advice, bad debt remortgage or remortgage with poor credit however loan companies like Fleet Mortgages are keen to see proof of monthly income in the form of p60, investment statements or p60s.
Secured loan lenders such as Masthaven, Central Trust or Masthaven often accept proof of income with
Lenders such as Norton Finance, Central Trust or 1st Stop Home Loans can often loan to people with
Taking a longer term secured loans bad credit can minimise your monthly payments.
It’s sometimes a lower cost to get a second mortgage than a re finance.
It’s often found to find people searching for mortgage for people with bad credit, mortgage bad credit rating or mortgage lender for bad credit however secured loan lenders like Yorkshire Bank are keen to see paperwork to show affordability in the form of state benefit letters, wage slips or payslips.
It is common to discover people seeking out loan to value of 60%, 65% or even as much as 90% however its hard to get 95%.
It’s common to discover individuals searching for remortgage with poor credit, remortgage bad credit or adverse credit remortgages however loan companies like Bank of China UK are keen to see proof of income in the form of payslips, wage slips or p60.
The mortgage lender will want to know if the property is a Freehold terraced house or a Leasehold house and if the occupier is a AST Tenant.