Think you won’t qualify for ‘standard’ mortgage? There’s another option…

2024-05-02

Are you a homebuyer whose circumstances are a little out of the ordinary? Maybe you are self-employed or have a complex income – with bonuses or on a contract basis, for example. Or perhaps you have had poor credit caused by missed payments or a CCJ in the past? Or you may need a bridging loan or a second mortgage. If you are worried you might not qualify for a standard mortgage – do not be put off as there are products out there for you thanks to the specialist mortgage market. Sarah Tin...

Are you a homebuyer whose circumstances are a little out of the ordinary? Maybe you are self-employed or have a complex income – with bonuses or on a contract basis, for example.

Or perhaps you have had poor credit caused by missed payments or a CCJ in the past? Or you may need a bridging loan or a second mortgage.

If you are worried you might not qualify for a standard mortgage – do not be put off as there are products out there for you thanks to the specialist mortgage market.

Sarah Tinkler, mortgage and protection adviser at Clever Mortgages, knows a thing or two about these as she has won awards for her work with clients with adverse credit.

Sarah joined our editor, Kate Saines, in the What Mortgage studio to share her knowledge about specialist mortgages. From who and what qualifies as ‘specialist’, how brokers can help you find and apply for this kind of loan and how to prepare for the application.

This interview is available as a podcast or video and will be ideal for anyone who wants to become a homeowner but thinks they won’t qualify for a mortgage. Sarah’s here to say, there is hope…

If you are a mortgage or homebuying professional keen to share your knowledge with our readers in future episodes, get in touch with Deborah Hindley at deborah.hindley@emap.com

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