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Lending limits are carefully set to protect both the lender and the borrower.

If you are sure your income will increase, like a guaranteed pay rise, a lender may take this into consideration.

A family member may be able to act as guarantor, which means they will agree to repay the mortgage if you are unable to do so.

As stated elsewhere within this website, these notes should only be used as an initial guide.

We would strongly encourage you to contact us before you find a property so that we can give you specific advice and make sure that you are looking for a property that is realistically within the scope of what’s affordable given your individual circumstances. There is nothing worse than setting your heart on the property of your dreams only to find that buying it is unaffordable for one reason or another!

Self Certification – (No proof of income)

Self certification of income was banned by the Financial Conduct Authority and is no longer available.

Adverse Credit

If your credit history is less than perfect there are still some lenders that will consider lending.

Of course it will depend upon the extent of the problems and you should obtain your credit file so that we can see what the issues are.

Please call us and we will talk through the options with you.