Unbelievably, the number of Decrease in Poor Credit mortgages available available at the moment has gone down from 851 in October 2018 to just 590 this month, according to data from Moneyfacts.
The poor credit mortgage market is considered a specialist lending sector, so most of these mortgages are only available through Brokers. So it’s a shame that the brokers that deal with these are the ones that also charge a fee, hitting the people with the most needs even harder.
It’s refreshing to know that The Finance House not only can arrange poor credit mortgages they will also do it without charging a fee.