Understandably, banks and building societies are careful who they lend money to, and financial histories are always looked into, with no exceptions.
Looking into a credit history will show up any defaulted payments and give the lender a good impression of how financially responsible you are with your spending. As well as looking at your credit report, lenders will also look at any County Court Judgements (CCJs) or bankruptcy proceedings that may be against your name.
If any of these apply to you, then you may find it harder to be accepted for a mortgage, however, there are certain lenders who will still lend to you.
Whether you have a poor credit rating or not, if you’re considering buying a property and want to know you’re getting the right mortgage for you and your family, you can speak with one of our mortgage advisers. We can search the market and discuss all the options available so you can find a product to suit you.