20 per cent of the women surveyed reported that they were worried that a poor credit history would mean that they would not be able to find mortgage finance, compared with 14 per cent of men. This situation is worse among the young with 20 per cent worried about how to repair a damaged credit history.
John Maltby, chief executive of Kensington, said: "It may be surprising that having a poor credit history would have such a detrimental effect on so many people. However, the reality is that a poor credit history will restrict what people can do in their everyday lives. Although reapiring a poor credit history is not easy, there is hope for people in this situation. At Kensington we aim to help those that have run into difficulties with conventional lenders by providing mortgage solutions to get them back on their feet."
