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We are Lightbulb Lending, your reliable mortgage broker in Brentwood. Financial challenges shouldn’t stand in the way of your mortgage application. Which is why our Brentwood mortgage brokers are here to support you every step of the way. Whether you’re dealing with an IVA, DMP, or a lack of credit history, we can help turn your homeownership dreams into reality.
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If managing and repaying your debts feels overwhelming, a Debt Management Plan (DMP) might be the right solution. A DMP is an arrangement made with a charity or organisation to repay your creditors based on what you can afford. Having a DMP doesn’t mean you can’t secure a mortgage, especially with the help of an experienced mortgage broker in Brentwood.
Need a mortgage broker in Brentwood? Learn more about DMP Mortgages…
An IVA can be a helpful tool for managing your debts according to your financial circumstances. If repaying these debts becomes unmanageable, filing for bankruptcy might be necessary to ease your financial burden. While getting a mortgage with an IVA or bankruptcy on your record is challenging, it is possible with the support of a skilled mortgage broker in Brentwood.
Need a mortgage broker in Brentwood? Learn more about IVA or Bankruptcy Mortgages…
Securing a mortgage without any credit history can be challenging, but it’s not completely out of reach. Working with a knowledgeable mortgage broker in Brentwood, like Lightbulb Lending, can make all the difference. We’re familiar with the lending criteria, making us the ideal partner in helping you achieve your homeownership goals.
Need a mortgage broker in Brentwood? Learn more about No Credit Mortgages…
Missed payments or unpaid debts can result in defaults or County Court Judgements (CCJs) on your credit file. While these can narrow your options with some lenders, they don’t eliminate your chances of getting a mortgage. As your trusted mortgage broker in Brentwood, we specialise in helping you find mortgage solutions even if you have a default or CCJ.
Need a mortgage broker in Brentwood? Learn more about Default or CCJ Mortgages…
Yes, it is possible to get a mortgage with a DMP, especially if you have been making consistent payments for at least 12 months.
A mortgage broker in Brentwood will recommend waiting at least 12 months after starting a DMP before applying for a mortgage.
Yes, it is possible to get a mortgage if you are in an IVA. A higher deposit will likely be required and only certain lenders will consider your application.
The longer the IVA has been settled, the better. Typically, after 12 months, the deposit requirement may decrease, and more lenders may be willing to consider your application.
Yes, you can apply for a mortgage after being discharged from bankruptcy for at least 9-12 months.
Yes, it is entirely possible to get a mortgage with no credit history. A mortgage broker in Brentwood can provide guidance and advice.
Typically, a minimum deposit of 10% is required, but a larger deposit may improve your chances of approval.
Yes, it is possible to get a mortgage with a default. You can rely on Lightbulb Lending to identify the lenders most likely to approve your mortgage application, despite these challenges.
Defaults and CCJs remain on your credit file for six years, although a CCJ can be removed if paid within 30 days of the judgement.
Yes, there are several steps you can take, such as registering on the electoral roll and paying bills on time.
The process can take several weeks, depending on the complexity of your application and the lender’s requirements.
The most important thing is not to be discouraged. As your mortgage broker in Brentwood, we will explore other lenders who may be more suited to your financial situation.
We have years of expertise in mortgage solutions for clients with impaired credit, including Debt Management Plans.
We never want to add to your money worries, so we offer FREE consultations and obligation-free quotes.
We work to understand your circumstances, ensuring we match you with the right lender.
We believe that everyone should have the chance to own their dream home. If financial difficulties have you concerned about securing a mortgage, contact a mortgage broker in Brentwood today – we’re here to help.
Finding the right mortgage is key to managing your finances and achieving your homeownership goals, whether you’re a first-time buyer or remortgaging.
North Fambridge, Essex, CM3 6FS
Finding the right mortgage is key to managing your finances and achieving your homeownership goals, whether you’re a first-time buyer or remortgaging.
Lightbulb Lending is a trading style of Simply Lending Solutions Limited Registered in England & Wales. Company No 09676170.
Simply Lending Solutions Limited, registered address: Barn 12, Runwell Hall Farm Hoe Lane Rettendon Common Chelmsford Essex CM3 8DQ. Authorised and regulated by the Financial Conduct Authority. We are entered on the Financial Services Register No 745164 at https://register.fca.org.uk/. The information contained within the website is subject to the UK regulatory regime and is therefore primarily targeted at customers in the UK.
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