COMPLEX CREDIT, THE “AGE OF THE UNLENDABLES”

Bluestone Mortgages exist to serve borrowers that are typically deemed ‘Unlendable’ by the high street, whether it be due to a life event that has led to financial difficulty or due to incomes being complex. We will begin by examining the four key drivers that the FCA has identified regarding potential financial vulnerability along with the types of industry sectors that are driving clients toward complex credit lenders. This will identify and shape a picture of a typical Bluestone customer. To highlight the key reasons to consider placing business with Bluestone Mortgages, we will then move on to explore the adverse approach, specifically paying attention to key differences when compared to other lenders and how criteria on completion can allow an intermediary to submit a case without waiting for it to fit criteria.