Who needs an adverse credit mortgage?

Many people have experienced credit difficulties at one time or another. Estimates suggest one in the five people have been turned down for a mortgage in the UK as a direct result of debt.
Bad money management is partially to blame, but many mortgage lenders have also become more cautious over the applicants they are willing to lend to. Industry statistics suggest around 10 per cent of UK homeowners with a mortgage have an adverse status – also known as sub-prime or non-conforming - home loan.