- Tailored mortgages for borrowers who don't meet traditional lending criteria
Shared Ownership
* Purchase a property share, pay rent on the rest
* Be aware of ongoing responsibilities and commitments
Poor Credit Mortgages
* Solutions for borrowers with a history of poor credit
* Assessment based on income, employment history, and assets
Expat Mortgages
* Designed for UK nationals living abroad
* Enables investment in UK real estate while living overseas
Specialist Mortgages for Non-Standard Properties
* Mortgage options for unique properties like listed buildings or those with unique designs
Factors to Consider
* Higher interest rates, fees, and larger deposits for specialist mortgages
* Managing lender's risk and offsetting potential challenges
Self-Employed Mortgages
* Financing options for individuals with non-traditional income sources
* Consideration of business profits and personal income