Obtaining a mortgage in Melton with a history of credit problems can be challenging, but not impossible. The severity of your past credit issues and the time 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.
You may need to provide a larger initial deposit to be able to secure a mortgage with bad credit in Melton. This is usually around 10%-15% of the property price.
If you need specialist mortgage advice in Melton, please don’t hesitate to reach out to our team of mortgage experts.