The Times - Bankruptcy need not spoil mortgage plans - August 2013

Aaron Strutt Image
A new lender is offering mortgages to borrowers who have been bankrupt or had credit problems in the past - but its leniency comes at a high price with rates of 8.55 per cent. Aaron Strutt, of Trinity Financial, the broker, said: “There are a number of adverse credit lenders already offering mortgages but there have not been any noticeable entrants to this market for a while. “The high street mortgage lenders have almost no appetite to lend to anyone with adverse credit history and lenders like Magellan are looking to take advantage. Click here to view the full story: http://goo.gl/yPmHiF £ August 5, 2013
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