04/09/2026
Just because you have a low credit score, doesn't mean it's completely impossible to get a mortgage.
If you do have a poor credit, it’s more likely that the interest rates on your mortgage options could be higher, in order to compensate the risk that the lender is taking. Although, there are actually mortgages designed for people with poor credit, and some lenders even specialise in offering these.
In this case, it may help if you have a larger deposit to put down upfront in order to potentially reduce your monthly repayments.
A low credit score does present challenges, but a larger deposit can be a powerful tool in starting up your homeownership journey. 🏡👏🏻
With careful planning, research, and expert guidance, you can overcome this hurdle and unlock your dream of owning a home.
Speak to one of our expert advisers today to get mortgage ready.
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