Obtaining a mortgage in Market Weighton with a bad credit history can be challenging, but it is not impossible. The severity of your past credit issues and the time that has passed since they occurred will impact the outcome of your application. It is important to note that lenders will thoroughly evaluate your credit history to assess the risk of lending you money.
To increase your chances of securing a mortgage with bad credit in Market Weighton, you may need to provide a larger initial deposit, typically around 10%-15% of the property price.
If you require specialist mortgage advice in Market Weighton, our team of mortgage experts are here to help. Don’t hesitate to contact us.