Credit impaired:
The signature team can find solutions even at the hardest of times.
If you’ve experienced financial issues in the past and have a bad credit record, it can often limit your options when it comes to purchasing your own property.
Credit Impaired means that you may have severe adverse repayment information on your credit report. This can include things such as defaults, county court judgments, or bankruptcies. These are the more severe scenarios that lenders will look for to decide whether they would lend to you, or not.
But it’s not always so black and white, and that’s why leaning on expert advice from us is beneficial. The Signature team have access to specialist lenders who are flexible with their criteria, and will be able to find a solution to help you to get one step closer to purchasing your own home.
Bad credit:
how do ‘bad credit’ mortgages work?
‘Bad Credit’ mortgages, are very much like a regular mortgage, but they are likely to come with higher interest rates, and there potentially could be a lower limit on how much you can borrow.
The main reason for this, is that having a lower credit score can be seen as a higher risk to the lender. Your monthly repayments will go towards repaying the money you’ve borrowed, as well as paying the interest charges on top.
How our experts can help
Whether you’re buying a cozy cottage by the sea or a chic city apartment, we’ve got you covered. Need a mortgage that adapts to seasonal income fluctuations? We can help with that too.
We’ll walk you through everything from eligibility criteria to the nitty-gritty of managing a holiday let mortgage.
Our experts can provide valuable insights into the holiday let market, helping you make informed decisions and maximise your returns. Want to know the best areas for investment or tips on setting competitive rental rates? We’ve got the (ice cream) scoop!
From gathering required documents to liaising with lenders, we’ve got it all covered, and our support doesn’t stop once your mortgage is approved. We’re here to help with refinancing, property management tips, and anything else you need.
Why choose us?
We know the ins and outs of financing holiday lets and serviced accommodations. We’ve helped countless clients turn their property dreams into profitable realities.
We take the time to get to know you and your investment goals, providing personalised service every step of the way. We’re not just your mortgage broker—we’re your partner in this exciting journey.
We’re here to answer your questions, provide guidance, and ensure you’re set up for success.
Ready to get started?
Investing in holiday lets and serviced accommodations is an exciting venture, and we’re here to help you make it happen.
missed loan / credit / comms payments
1-4 staging of missed payments . How often payments are missed. How much for? Why?
crown court judgments / defaults
How much for? When were they registered? Have they been satisfied / unsatisfied? Why?
individual voluntary arrangement
How much for? When was this registered? Has a payment been missed? Why?
have you been declared bankrupt?
How much for? When was this registered? Has a payment been missed? Why?
get in touch:
Signature Specialist Finance Limited registered at 8 Ridgehouse Drive, Festival Park, Staffordshire, ST1 5SJ. Company Register number is 13802607. ICO registration ZB673067 and you can check via www.ico.org.uk
Signature Specialist Finance Limited is not authorised by the Financial Conduct Authority and can only complete non-regulated introductions.
We will receive commission from lenders. Different lenders pay different amounts depending on different commission models. For transparency we work with the following commission models: fixed fee, fixed rate of commission and/or percentage of the amount you borrow. Further details of the commission model, calculation and amount will be disclosed to you throughout your customer journey.