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Mortgage With Mobile Phone Default

Best Mortgage Rates

I Want To Buy I Want to Remortgage

Mortgage With Mobile Phone Default

    • 4.12% Initial
    • 3 year fixed
    • 7.3% APRC
    • Cashback Max £250
      Free Legals
      Free Valuation
    • Get quotes
    • 4.12% Initial
    • 3 year fixed
    • 7.2% APRC
    • Cashback Max £250
      Free Legals
      Free Valuation
    • Get quotes
    • 4.14% Initial
    • 5 year fixed
    • 5.9% APRC
    • Cashback £0
      Free Legals
      Free Valuation
    • Get quotes
    • 4.15% Initial
    • 5 year fixed
    • 6% APRC
    • Cashback Max £1,250
      Free Legals
      Free Valuation
    • Get quotes
    • 4.18% Initial
    • 5 year fixed
    • 6.7% APRC
    • Cashback Max £250
      Free Legals
      Free Valuation
    • Get quotes

Representative example based on a fixed rate mortgage

A mortgage of £375,000 payable over 20 years initially on a fixed rate for 5 years at 4.38% and then at the standard variable rate of 7.65% for the remaining 15 years would require 60 monthly payments of £2,351.88 and then 180 monthly payments of £2,899.55.

The total amount payable would be £663,156.80 which includes interest and product fees of £1,124.

The overall cost for comparison is 6.5% APRC representative.

Early repayment charges may apply.

Mortgage With Mobile Phone Default

If you have had a mobile phone default in the last 12 months, getting a mortgage can be difficult.

Credit defaults of this nature are a common stumbling block when applying for a mortgage. The good news is that there are a number of lenders who ignore these kinds of defaults.

More often than not mobile phone missed payments are a result of a communication breakdown between the mobile phone company and a customer often due to circumstances such as moving address, leaving the country or personal illness or a family bereavement.

Can I get a Mortgage with a Mobile Phone Default?

The short answer is yes, but it will depend on your circumstances. Not all lenders will be sympathetic so you may be restricted to who you can use. There are specialist lenders who deal with credit issues but you can expect to pay more in monthly interest repayments.

How long will a Mobile Phone Credit Default stay on your Credit File?

6 years. After this time a lender will not be able to see the default, although some lenders in a mortgage application will ask if you have had any defaults outside of 6 years, so its best to be upfront about this.

Mortgage Service if you have Mobile Phone Default:

    • Whole market service - we work with leading UK mortgage lenders who will look at credit blips (including missed mobile phone payments)
    • Fast turnaround - talk to us today if you need to move quickly
    • We have lenders who will take into account previous defaults and missed payments
    • Looking for additional finance to add to your existing mortgage or buy to let loan? We have access to a variety of financing options 

Independent Advice

If you are not sure what your options are in how to source a mortgage solution with a mobile phone default speak to our independent mortgage broker team who will be able to offer impartial advice or you can call us on 0117 403 3464

Get a Mortgage with Mobile Phone Default Get Bespoke Mortgage Quotes
Get a Mortgage with Mobile Phone Default Get Bespoke Mortgage Quotes