Residential Credit Repair Centre

The Society offers a range of products which will help customers repair their credit history. We accept applications for residential owner-occupied mortgages from customers whose credit history falls within the following categories.

Residential Credit Repair Criteria
	Level 1	Level 2	Level 3	Level 4
Defaults/CCJ’s	£2,000 satisfied at least 12 months	£5,000 satisfied on application	£10,000 satisfied on application	£10,001+ satisfied on application
Missed payments - secured	Maximum 2 missed payments in last 2 years - Maximum 1 loan and must be up to date on application	Maximum 3 missed payments in last 2 years - none in last 12 months and must be up to date on application	Maximum 4 missed payments within last 2 years - none in last 6 months and must be up to date on application
Arrears - unsecured	No payments missed in last 12 months and must be up to date on application		No payments missed in last 6 months and must be up to date on application
IVA/DMP	None in force during last 3 years		None in force during last 12 months
Repossessions	None within last 6 years			None in last 3 years
Bankruptcy	Must be 3 years discharged		Must be 1 year discharged
Payday Loans	Must be 12 months discharged		Must be 6 months discharged

- Residential purchase and remortgage only - Explanations are required

- No gambling or tax debts - See our Credit Repair guide for our current product details

View our Mortgages

Residential Credit Repair - Discount Variable

Mortgage Product	Current Variable Pay Rate	Followed by our Standard Variable Rate	Maximum LTV (Repayment)	Maximum LTV (Interest-only/Part & Part)	Loan Amount	Arrangement Fee	ERCs	Maximum Term
2 Year Discount- Level 1	7.19%	8.04%	70%	70%	£150,000-£750,000	£995	3% Year 1; 2% Year 2	35 Years
2 Year Discount- Level 2	7.44%	8.04%	70%	70%	£150,000-£750,000	£995	3% Year 1; 2% Year 2	35 Years
2 Year Discount- Level 3	7.69%	8.04%	70%	70%	£150,000-£750,000	£995	3% Year 1; 2% Year 2	35 Years
2 Year Discount- Level 4	7.94%	8.04%	70%	70%	£150,000-£750,000	£995	3% Year 1; 2% Year 2	35 Years

Residential Credit Repair - Fixed

Mortgage Product	Fixed Rate	Followed by our Standard Variable Rate	Maximum LTV (Repayment)	Maximum LTV (Interest-only/Part & Part)	Loan Amount	Arrangement Fee	ERCs	Maximum Term
2 Year Fixed- Level 1	7.39%	8.04%	70%	70%	£150,000-£750,000	£995	3% Year 1; 2% Year 2	35 Years
2 Year Fixed- Level 2	7.64%	8.04%	70%	70%	£150,000-£750,000	£995	3% Year 1; 2% Year 2	35 Years
2 Year Fixed- Level 3	7.89%	8.04%	70%	70%	£150,000-£750,000	£995	3% Year 1; 2% Year 2	35 Years
2 Year Fixed- Level 4	8.14%	8.04%	70%	70%	£150,000-£750,000	£995	3% Year 1; 2% Year 2	35 Years

Contact our Business Development Team

Tel: 01582 463133 - Option 1

Email: brokerteam@harpendenbs.co.uk

Jean Errington

Telephone Business Development Manager

Vanessa Hunt

Key Account Manager

Chelsea Pordage

Telephone Business Development Manager

Should you or your clients require any documents in alternative formats such as braille or large print, please contact us and we will be happy to help.

If at any time during your relationship with HBS you encounter any communication difficulties or have any other vulnerabilities that you would like us to be aware of, please do not hesitate to contact us and we will document this on your records. Making us aware of any additional requirements or adjustments will help us to provide a level of service that will enable your relationship with us to run smoothly.

YOUR MORTGAGE WILL BE SECURED ON YOUR PROPERTY AND YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

MORTGAGE PRODUCTS ARE REGULATED BY THE FINANCIAL CONDUCT AUTHORITY EXCEPT SECOND/HOLIDAY HOME, BUY-TO-LET AND RESIDENTIAL DEVELOPMENT, WHERE THE BORROWER DOES NOT RESIDE ON SITE DURING THE DEVELOPMENT PERIOD