bad bank statement for mortgage

[colere]

can we ever get a mortgage when both our last three months bank statements showing lots of bank charges for unpaid d/d and return cheques?taking into account all other documentations  for a lender to make a decision  are in good order.

[Uzoma]

The lender will want to verify whether you can afford the mortgage.  If your bank statement shows that you have not paid your loans or bills by direct debit consistently, then it gives the impression that you will do the same with your mortgage.  A lender would rather not lend to you if they feel that that might be the case.

[scorpio61]

I have access to many lenders that will lend to you provided you have a deposite or it's a council right to buy. If you have a poor credit history or a mountain of unsecured debt then this will be reflected in the interest rate that they charge you. It's all to do with how much of a risk they are taking lending you the money, the higher (in their eyes) the risk then the higher the interest rate. If you need help go to www.chambersmoore.co.uk

hope this helps