Bad Debt Guarantor Mortgages
Yes! It’s possible to arrange a mortgage for you, even if you have bad creditYour home/property may be repossessed if you do not keep up repayments on a mortgage or other debts secured on it.
How a Guarantor can Help
If you have very bad credit and you're having real trouble getting a mortgage, even with the help of a broker, you could consider getting someone to guarantee your loan. Asking a family or friend to guarantee your mortgage will bind them to pay it if you default, however, so think carefully about your ability to pay the mortgage and who you ask to help you.
A guarantor will not only make it easier to get a mortgage; you may get offered more suitable rates if your guarantor has good credit.
Henry James are here for you
At Henry James Mortgages Ltd we have a number of lenders who are experts in cases like these; we can help you to find the most suitable fit for you, but more than this we will be able to make sure that you and your guarantor are entirely aware of all the complexities of the situation.
Contact Your Adviser Today
Appointed through HL Partnership Limited which is FCA Regulted and Authorised

