How We Helped a UK-Based Non-Owner Occupier with a CCJ Secure a Buy-to-Let Mortgage in Under 10 Days

We were recently approached by an Irish client living in the UK who had been struggling to secure a mortgage. He came to us through a referral from one of our long-standing clients. When we first spoke, it was clear he was feeling disheartened. He’d already approached a few high street lenders, but none were willing to help due to his financial profile.

About the Client

• Residential status: Not a homeowner, he was living at his partner’s property.
• Property ownership: Owned a buy-to-let property in London outright.
• Objective: Remortgage the property to release around £62,000 for home improvements, with the aim of boosting rental income.
• Income: £28,000 annually.
• Outgoings: Nearly £1,000 per month in child maintenance and household expenses.
• Credit history: A recently settled County Court Judgment (CCJ) for £314 and other minor credit commitments.
• No previous mortgage history.

The Challenges

• He didn’t own a residential property, which many lenders see as higher risk.
• The CCJ was recent, even though it had been settled.
• With no mortgage history and tight disposable income, most lenders wouldn’t entertain the application.
• He fell short of the minimum income threshold required by many high street providers.

Our Approach

• We knew this would require a more tailored solution. After reviewing his full financial profile, we searched across the whole market, including specialist lenders not found on the high street.
• We consulted directly with relationship managers at select lenders.
• Matched the client with a lender known for being more flexible with non-owner occupiers and recent credit issues.
• Ran a Decision in Principle (DIP) to check affordability and credit score alignment.

The Outcome

• The lender approved the mortgage offer within 10 working days.
• The client secured the full amount requested, at a competitive interest rate.
• The mortgage was granted based on a standard valuation, no extra paperwork or delays.
• Completion was smooth, and funds were released shortly afterwards.
• The client was relieved, not just to secure the finance, but also to be able to start the renovation plans without further delays.

Compliance Notice

A mortgage is secured against your home. You could lose your home if you do not keep up with your mortgage repayments.

Need Help with a Similar Case?

We help clients with complex situations every day- from CCJs to limited income or no residential property. If you’ve been told “no” by lenders, it doesn’t mean there aren’t options available. Let’s have a chat with our specialist mortgage advisors.

• Call us: 0203 0111 986
• WhatsApp: 07822 013240

Important FCA Warning

As a mortgage is secured against your home, it may be repossessed if you do not keep up the mortgage repayments.