Poor credit record can't stop you from buying a home A house is a basic necessity of life. It gives us shelter, protects us from adverse weather conditions and serves a number of other purposes. To a great extent we are emotionally attached to our houses. But, everyone is not that fortunate to have one's own home. A large number of people in UK are living in rented houses. And most of them want to have their own home. In normal conditions you can easily buy or built your own home by availing a home loan. But what if your credit history is less than perfect? You have previously faced County Court Judgements (CCJs), you have been declared a defaulter or you have huge arrears due on you. And this has made your credit record so poor that you are being denied credit by the lenders. For people like you adverse credit home loan is the best possible solution. ADVERSE CREDIT HOME LOANS are those loans that are tailor made to fit the requirement of bad credit borrowers. These loans are suitable for people having a poor credit score who want to buy their own home. Many lenders in UK provide such loans with their varied terms and conditions. But there are a few basic things that you should know about ADVERSE CREDIT HOME LOANS. First and foremost these loans are meant for poor credit borrowers so the rate of interest charged on such loan is quite high. Secondly, the lender provides you this kind of loan solely on the basis of your repayment capacity so the terms of repayment may be strict. Thirdly, the creditor takes into account the value of your house that you are going to buy and then sanctions the loan amount you require. There are a good number of lenders providing adverse credit home loans in the market. Each lender has different terms and conditions for the borrowers, so, in stead of getting confused you can surf some of the useful websites on the Internet and find valuable information for your use. There are several online brokers on the Internet who'll arrange a suitable lender for you. You just need to fill up an online application form and your loan will be sanctioned within a very short span of time.