Discharged from bankruptcy and wanting a home loan? You have options

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Recovering from bankruptcy can be a long and difficult process. And even when you’ve been discharged or completed a debt agreement, some lenders will automatically decline your application for a home loan because of the history. However, there is good news. Some lenders look at things a little bit differently to others. Well-established non-bank lenders like Pepper Money believe a past bankruptcy shouldn’t mean that you’re not able to achieve your future goal of owning your own home. So they designed home loan products specifically to help. If you’ve been…

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7 hot tips if your resolution is to get a mortgage in the New Year

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Sometimes, just getting through Christmas can be enough of a slog without worrying about the New Year. But if buying a home is top of your priorities, here are 7 things to think about that could definitely improve your chances of a mortgage.  1. Don’t lose sight of your debt New Year is a great time to pay down existing debts and avoid taking on any new ones. New Year sales might be tempting but stop – think again. Getting your own home is now your number one priority.   Make sure you pay all…

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6 Home deposit saving tips if you’re self-employed

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When you’re self-employed you know only too well, your income can vary each month and that makes saving up for a home pretty tough going. If you really want to show potential lenders you’re a good candidate for a home loan, having a history of steady, regular savings is a really great place to start. Here are six ways you can amp up your ability to put that money aside. 1.Doing well? Save more When things are going well and you’re earning more money, don’t be tempted to splash out…

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5 top tips for sorting out a home loan application with credit issues

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Lots of things can affect someone’s credit history, getting sick, redundancy, divorce, forgetting to redirect bills if you move, or just an accidental slip on timing can mean late or even missed payments. If you have credit issues from these sorts of situations there are things you can do to help your chances of buying a home. Here are five tips to help you get back on top. 1. Get your credit report under control The first thing you should do if you do have credit problems is get a…

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