The scenario:

Mr and Mrs Smith are home movers looking to buy a bigger house as they’re expecting a second child.

The facts:

The loan is £208,000 on a purchase price of £260,000 (75% LTV)
Mr Smith started a new job 4 months ago
Mrs Smith looks after the only child
They meet affordability despite Mrs Smith not in full time employment
Child tax credits and Mr Smith’s pension and share save contributions are added back in
2 CCJs 3 years ago – Now satisfied, one was for £3,660, the other £1,500
They also defaulted on their car loan at the same time (£10,000 loan)
1 Missed mortgage payment as well, 3 years ago but now up to date due to repayment plan
Poor credit score (less than 200!)
The rate…

3.14%!

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Alternatively, you can speak to one of our friendly and knowledgeable team at the mortgage desk about any of our mortgage products and services on: 0207 197 9424.