Mortgage with Defaults Belfast
Last Updated: 3rd Febuary 2026
A mortgage with defaults may still be possible, even if your credit history includes past financial difficulties. Defaults can occur for many reasons, such as changes in income, unexpected expenses, or periods of financial stress. While mortgage lenders do consider defaults carefully, they do not always prevent you from securing a mortgage.
At AIMS NI, we specialise in helping clients across Northern Ireland find mortgage solutions after defaults. As an independent, whole-of-market mortgage broker, we understand how different lenders assess defaults and can guide you towards realistic options based on your current circumstances.
What Is a Default and How Does It Affect a Mortgage?
A default is recorded on your credit file when a lender believes you have failed to keep up with agreed repayments over a period of time. Defaults are more serious than missed or late payments and are therefore viewed more cautiously by mortgage lenders.
When assessing a mortgage application, lenders look at the type of default, the amount owed, whether the default has been settled, and how long ago it occurred. Recent or unpaid defaults usually raise more concern than older, settled ones. Lenders also consider your overall financial behaviour since the default was registered.
AIMS NI reviews your credit history in detail and explains how your defaults may be viewed by different lenders.
Can You Get a Mortgage with Defaults?
Yes, it is possible to get a mortgage with defaults, depending on several factors. Lenders assess the number of defaults, how recent they are, their value, and whether they have been satisfied.
Your income, affordability, deposit size, and recent credit conduct are also important. While some high-street lenders have strict criteria around defaults, specialist lenders may take a more flexible, case-by-case approach. AIMS NI works with both mainstream and specialist lenders to identify suitable options.
How Recent Defaults Impact Mortgage Options
The age of a default plays a major role in determining mortgage availability. Defaults registered within the last six months often limit options significantly, as lenders may view the issue as ongoing. Defaults within the last 12 months can still affect approval, but options often improve where finances have stabilised.
Older defaults, particularly those more than two or three years old, are generally less of a concern, especially if your recent credit history is clean. Demonstrating consistent, on-time payments since the default occurred can significantly improve your mortgage prospects.
Types of Defaults Lenders Consider
Not all defaults are treated equally by mortgage lenders. Defaults on mortgages or secured loans are typically viewed more seriously than defaults on unsecured credit such as credit cards or personal loans. Utility or mobile phone defaults may be considered less severe, depending on the circumstances.
Lenders also consider the context of the default, including whether it arose from temporary hardship or ongoing financial issues. AIMS NI ensures your situation is presented clearly so lenders can assess your application fairly.
How to Improve Your Chances of a Mortgage with Defaults
Improving your position before applying for a mortgage with defaults can make a meaningful difference. Maintaining a clean payment history going forward is essential, as lenders focus heavily on recent behaviour. Settling outstanding defaults where possible can also help, particularly if they are older.
Reducing overall debt, avoiding new credit applications, and keeping bank statements well managed all strengthen your application. Saving a higher deposit can further offset risk. AIMS NI will advise you on the most effective steps based on your individual circumstances.
Deposit Requirements for a Mortgage with Defaults
Applicants with defaults are often asked to provide a higher deposit, particularly where defaults are recent, multiple, or unsatisfied. A larger deposit reduces the lender’s risk and can improve both approval chances and access to more competitive rates.
Deposit requirements vary depending on the type, age, and value of defaults, as well as your income and affordability. AIMS NI provides clear guidance so you know what to expect before applying.
Why Choose AIMS NI for Mortgage with Defaults Advice?
AIMS NI has over 20 years’ experience helping clients with adverse credit, including defaults, missed payments, CCJs, IVAs, and payday loan history. As an independent, whole-of-market broker, we are not limited to a small panel of lenders and can access specialist providers where appropriate.
We are authorised and regulated by the Financial Conduct Authority and have advisors across Northern Ireland. Our approach is clear, supportive, and professional, guiding you from initial enquiry through to completion.
The AIMS NI Process for a Mortgage with Defaults
We begin with a free, no-obligation consultation to understand your credit history and mortgage goals. We then review your credit file and affordability to assess how lenders are likely to view your application.
Once this is complete, we search the whole market for suitable lenders, prepare your application, and manage the process through to completion, keeping you informed at every stage.
Start Your Mortgage with Defaults Application with AIMS NI
Having defaults on your credit file does not mean your mortgage plans have to stop. With the right advice and access to suitable lenders, a mortgage with defaults is achievable.
Contact AIMS NI today for a free, no-obligation consultation and take the next step towards securing your mortgage with confidence.
Frequently Asked Questions
Yes. Many lenders will consider applications with defaults, depending on how recent they are and your current financial stability.
Defaults usually remain on your credit file for six years, but their impact reduces over time if recent credit conduct is good.
Yes. Settled defaults are generally viewed more positively than unpaid ones.
It can be, particularly if defaults are recent or multiple. Rates often improve as defaults become older..
Yes, although options may be more limited and a higher deposit may be required
Disclaimer
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