04/09/2025
Success Story:
From Credit Struggles to a Dream Home in Yorkshire!
When our client first approached us, they had one clear vision: owning a beautiful 7-bedroom family home in Yorkshire. It was everything they had dreamed of—spacious, elegant, and the perfect setting for their next chapter.
But the path to that dream was far from straightforward.
The Obstacles
Like many self-employed business owners, our client’s income wasn’t easy to package neatly into a mortgage application. Most of their wealth was tied up in their company, and recent missed payments on secured loans had left their credit profile looking less than perfect. On top of that, there was a ticking clock—the property they loved wouldn’t stay available forever.
For many lenders, this combination of adverse credit, complex income, and time pressure might have been enough to close the door.
Our Approach
Instead of focusing on the problems, we focused on the solutions:
• We carefully explained the story behind the client’s recent credit issues, giving lenders the full picture rather than just the numbers.
• We highlighted not just the client’s salary, but also their company’s retained profits, showing the true strength of their financial position.
• We approached a well-known high street lender who we knew had the right flexibility and appetite for cases like this.
The Happy Ending!
Within just 3 months, the mortgage was approved and completed:
• Loan secured: £583,249
• 5-year fixed rate: 5.29% (providing payment certainty)
• Term: 16 years
The client was able to move into their dream home without compromise—on a market-available rate, with the reassurance of a respected high street lender.
Representative Example
Representative APRC (Annual Percentage Rate of Charge): 5.5%
Total Amount Payable: Approximately £942,061 over the 16-year term (interest plus principal), equating to about £4,500 monthly.
Why This Matters
This success story is proof that:
• Adverse credit doesn’t have to mean the end of homeownership dreams.
• Self-employed borrowers can secure competitive mortgages—even with complex income.
• The right advice and lender relationships make all the difference.
For our client, it wasn’t just about buying a house—it was about securing the home they had always dreamed of, despite the hurdles. And for us, helping them achieve that was the most rewarding part of all.