Previous debt issues
If you or your partner have had any previous debt or credit issues, we recommend that you speak to a mortgage adviser before applying to either Co-Own, Co-Own for Over 55s or Rent to Own. We recommend you check your credit report before applying to make sure there are no surprises that will negatively impact your application.
Remember, with Co-Own you need to be mortgageable now and for Rent to Own you will need to be mortgageable within 3 years. Historic debt or credit issues may impact upon your ability to get a mortgage now or in the future.