Two mortgage brokers have joined forces to help borrowers with credit problems to apply for a home loan.
Online mortgage broker, Habito, said until now it had been unable to help people who had serious credit issues, including defaulting on their mortgage, missing a payment or being issued with a county court judgement (CCJ).
Now it has partnered up with Impact Specialist Finance to offer customers who have had credit problems in the past with help with searching for a mortgage.
Impact has the expertise to manage more complex cases, including those presented by people with credit issues, and it can also apply to specialist lenders.
What’s more, as part of the deal, Impact is waiving its £574 fee, exclusively to Habito customers.
Daniel Hegarty, founder and CEO at Habito, said: “While we’re currently unable to help those with serious credit issues we want to be able to provide the best alternative we can.
“We’re really excited to have found than in partnering with Impact, to offer customers with poor credit history, the specialist advice they need.”
Meanwhile Impact explained it had been working in this area of for many years and was keen to help its clients achieve their dream and put the troubles of the past behind them.
Dale Jannels, managing director at Impact, said: “We see many clients who, due to their credit history, felt that they either couldn’t get a mortgage or remortgage from their current lender.
“This is a fresh approach and we are looking forward to working with Habito to help them assist more people with the appropriate solutions.”
