Getting a mortgage in Withernsea when you have a bad credit history may seem like a challenging task, but it’s not impossible. The severity of your previous credit issues and the time that has elapsed since they occurred will impact the outcome of your application. Keep in mind that lenders will carefully assess your credit history to determine the risk of lending you money.
To obtain a mortgage with bad credit in Withernsea, you may need to provide a larger initial deposit, usually around 10%-15% of the property price. If you need specialist mortgage advice in Withernsea, don’t hesitate to contact our team of mortgage experts.