Article created by Christian Duncan, Director – Mortgage and Protection Adviser
Last updated 16th December 2023
Having a Default can sometimes impact your chances of securing a mortgage but it is possible. There are occasions where defaults can actually be ignored.
In this article I cover what a Default is, how it can affect your chances of securing a mortgage and what you can do to secure a mortgage with one of more defaults on your credit profile.
What is a Default?
A Default is the term used when you fail to make a payment on a credit commitment.