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Melissa Evans (29) had previously been declined a mortgage but after finding Online Mortgage Advisor she was connected to an advisor who could give her the right information. She now owns a house in Stoke-On-Trent.
“When our landlord told us he wanted to sell, my confidence in our ability to get a mortgage was so low that offering to buy it ourselves just didn’t feel like an option. We received some bad advice when looking at getting a mortgage a few months before – we were told that a payday loan would help our credit score and therefore chances of getting a mortgage. We quickly learned this wasn’t the case and the advice we had been given had actually back fired and gone against us.
“That as well as a missed credit card payment meant that I just assumed there wouldn’t be a lender out there who would help us and inevitably we’d have to move into another rented house.
“Being declined a mortgage had really knocked me. I felt so upset and trapped. I didn’t ever see a way of getting onto the property ladder and the situation had triggered anxiety and worry, thinking about our future. There were some days when I felt so low I couldn’t even face going to work.
“Renting has its benefits and it has certainly helped us. But, we were at a stage in our lives where we needed to think about the future, about our family and put our money into an asset that might one day give us a return. “
When Terry McAlpine (43) realised his ex-partner had clocked up £48,000 worth of debt, he didn’t realise it would scupper his chances eight years later of buying a house, but that’s what happened. Terry and his wife, Charlotte (33) found a dream four-bedroomed townhouse in Northamptonshire, close to Terry’s work, but their mortgage application was declined due to the adverse credit.
“When we gave our details to Online Mortgage Advisor, we never imagined it would happen all as quickly as it did. If we hadn’t succeeded in getting the mortgage we wanted we would have been stuck renting, with me being away from my family Monday to Thursday for another few years.
“While I am still repaying back the debt accrued on my credit card, we feel much more secure financially now that we have money invested in a property. We’re loving our new home and have already filled the spare fourth bedroom with the latest addition to our family – our beautiful six-month-old baby!”