Last year saw the highest recorded levels of CCJs, so its not surprising more and more clients require a mortgage lender willing to offer flexibility.
At Masthaven we have designed our products around real life, and provide the following credit flexibility to help you find a great solution for your clients that are being turned away from traditional high street lenders:
• No credit scoring
• We ignore:
o CCJs/ Defaults registered > 3 years
o CCJs/ Defaults <£300 (regardless of when registered)
o CCJs/ Defaults incurred in months 24-36 which are now satisfied
• We allow for up to 2 mortgage arrears in the last 2 years or 3 within the last 3 years
• We allow for up to 2 CCJs or defaults registered within the last two years or within the last 3 years
Our rates start from as low as 2.94% and can be viewed in our product guide below.
If you have a case you would like to discuss please do not hesitate to contact John Smith, National Account Manager – 07932569261 / john.smith@masthaven.co.uk.
