Can you still get a mortgage after a default?

[Can you still get a mortgage after a default?]( Call us on: [01473 356 284](tel:01473 356 284) [Can you still get a mortgage after a default?]( short answer is yes, however, it’s not always a straightforward process. Don’t worry though, [our dedicated team of advisers]( are here to guide you if you wish to get a mortgage after one. They can take you through the process step-by-step, ensuring everything is in check [before you]( There are many specialist lenders available in the market who are designed to deal with individuals with [bad credit]( and [our specialist team of advisers]( are experts on finding the best lender to suit your needs! [No matter your credit situation,]( us today]( discover how we can help you find a mortgage.]( [alt_text]( [Use our free mortgage calculators below – no credit checks!]( [Bad Credit Mortgage Calculator]( Fill out a few details to see if you are eligible for a b[ad credit mortgage](. [Mortgage Affordability Calculator]( Complete your income details to give yourself an idea how much you may be able to borrow. [Buy to Let Mortgage Calculator]( Use our [Buy to Let Mortgage Calculator]( to find out how much you can potentially borrow to purchase a Buy-to-Let property. Do decreasing mortgage rates mean you could borrow more with a [Buy-to-Let mortgage]( At the beginning of 2024, we saw fixed rate mortgage rates hit their lowest point in 6 months. So, why does this mean [I can now borrow more?]( This is because of the stress test lenders use when assessing your income. This is known as the income cover ratio and lenders base it on the pay rate plus a small percentage they set. Therefore, as mortgage rates drop, this inevitably reduces the rate that the stress test is calculated on. When mixing this with increased rental rates, it has made improvements for many on the amount they are able to borrow on a Buy-to-Let. [Do you want to get an idea of what you could borrow on a Buy-to-Let property? Then get in touch today and we can advise you on your options.]( [Speak to a member of our team]( Follow Us [alt_text]( [alt_text]( [alt_text]( [alt_text]( [01473 356 284](tel:01473 356 284) [justmortgagebrokers.co.uk]( Just Mortgage Brokers Limited is an appointed representative of Mortgage Advice Bureau Limited and Mortgage Advice Bureau (Derby) Limited which are authorised and regulated by the Financial Conduct Authority. Just Mortgage Brokers Limited. Registered Company number: 08389911. Registered office: 80 Compare Crescent, Ipswich, IP2 0EH. YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT. FEBRUARY 2024 [Unsubscribe](