UK Non Status Mortgage

Non Status means that you have a bad credit rating, you could be any of the following: self employed without proof of 3 years accounts, you could have CCJ’s (county court judgements) against you, you might have credit card arrears, loan defaults, bankruptcy, IVA history, or previous mortgage or rent arrears. You could be employed on a temporary basis and you don’t have a credit rating.

If you do not have a credit record or you cannot provide any proof of income, then you are regarded by lenders as having no status. There are lenders who will still offer you a mortgage.
Because of the lack of security to the lender you will probably have to pay a higher interest rate than you would with say a secured mortgage. You may also have to find a larger proportion of the properties value as a deposit.

You probably find that most high street lenders will not lend you money. You can always try Sub-prime lenders who specialise in non status finance. These sub-prime lenders will look at your circumstances and ability to pay rather than your past credit problems. Adverse Monkey can help you find a UK Non Status Mortgage.

Full range of UK Mortgages:

100% | Buy to Let | Capped Rate | Discounted Rate | Endowment | First Time Buyer | Fixed Rate | Flexible | Interest Only | ISA | Non Status | Self Build | Self Certification | Self Employed | Tracker | Variable Rate