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MBS Lending
- Consider ex-bankrupts immediately on discharge.
- Mortgage arrears 3 in 12 months (max 1 in last 3). Treated as paid if at least 75% of monthly payment met or within 28 days of due date.
- Up to £6,000 CCJ’s in last 2 yrs (satisfied over 12 mths ignored). No CCJ’s in last 6 mths).
- Previous repossessions over 2 yrs ago considered.
- Flat completion fee £1895 – can be added.
- FTB accepted.
- Full status only. All cases subject to credit score. Max LTV 50% (plus completion fee).
- Vendor gifted deposit up to 5% accepted.