Location: UK

Loan Amount: £500,000

Finance Category: Residential Mortgage

The Story

At Fox Davidson, we take pride in helping clients who have been turned away by high street banks and traditional lenders. Recently, we had the opportunity to assist a client who had experienced some late mortgage payments in the past, which had affected their credit rating and made it difficult for them to secure a mortgage.

The Challenge

Our client had been declined by several high street banks and lenders, who considered them too high-risk due to their bad credit history. However, our team of specialist mortgage brokers knew that our client’s situation was more nuanced than what could be determined by their credit score alone. We took the time to understand our client’s financial circumstances, including their income, savings, and other assets.

The Solution

Through our network of specialist lenders, we were able to identify a mortgage provider who was willing to work with our client despite their bad credit rating. We presented the lender with a detailed case that highlighted our client’s positive financial attributes and demonstrated their ability to make repayments on a mortgage. We were able to secure a mortgage offer of £500,000 for our client, with a competitive interest rate and favourable terms.

Our client was thrilled with the outcome, as they had been struggling to find a lender willing to work with them prior to contacting Fox Davidson. We were able to take the stress and uncertainty out of the mortgage application process, providing our client with expert advice and support every step of the way.

Our client was able to secure a £500,000 mortgage with the help of Fox Davidson, despite their bad credit rating and previous mortgage payment issues. By understanding our client’s unique financial circumstances and leveraging our network of specialist lenders, we were able to find a solution that met their needs and allowed them to move forward with their property plans. At Fox Davidson, we are committed to providing our clients with bespoke mortgage solutions, no matter how challenging their financial circumstances may be.

Fox Davidson Mortgage Brokers

Fox Davidson specialise in large mortgage loans for clients with bad credit. To discuss your mortgage requirements please do get in touch.