The latest research from Bluestone
According to Bluestone Mortgages latest research outlining the thoughts of 100 mortgage brokers on opportunities, threats and future of the specialist lending market, up to 45% of consumers who have their mortgage application declined by a high-street lender are reluctant to reapply in the future. This means nearly half of your potential customers could be unaware of the solutions specialist lenders like Bluestone Mortgages have available to them.
TFC Homeloans can assess your customers applications despite previous rejections and have a range of products and services that cater to a variety of adverse credit problems including unsecured arrears.
Here’s a quick reminder of Bluestone's Unsecured Arrears criteria;
• No credit scoring
• Allow up to two missed payments per credit commitment in the last 6 months
• No limit to the number of unsecured credit
• Disregard arrears if the current balance is under £300
Contact TFC Homeloans to find out more.