Getting a mortgage can be difficult when you have a bad credit rating, CCJs, payment defaults, mortgage arrears or bankruptcy on your record but we may be able to help. Our specialist mortgage advisers have a great deal of experience in adverse credit remortgages market, finding a suitable mortgages should not be a challenge and all cases are looked at on an individual basis.
As a customer, looking to find a suitable mortgage should not be a daunting task yet with over 1000 products available across the market. It’s difficult to know which product is right for you. Our leading specialist mortgage advisers are experts in every all types of mortgages - Give us a call to discuss how we can help.
Can I get a mortgage with a poor credit score?
The Adverse credit remortgages market have seen radical changes over the last 4 years, and continue to be in a state of flux post credit crunch as the lenders begin to find their feet. Bad credit mortgage loans are not as freely available as they were, but things have started to improve, especially over the last few months where several new lenders have returned to the market.
The thing to remember is that each lender is different and just because you may have been declined by one lender, doesn’t mean you won’t be accepted by another. Our specialist advisers have arranged mortgages for people with poor credit in the following circumstances:
- No credit history
- Low credit score
- Late payments
- Missed mortgage payments
- Defaults
- CCJ’s
- IVA’s
- Debt management Schemes
- Repossessions
- Bankruptcy
- Payday Loans
and customers with multiple credit problems
Important: Bad credit history mortgages usually (with the exception to bankruptcy as you may also appear on the Hunter Register) relate directly to what is showing on your credit file. It may shock you to hear, but different lenders use different credit reference agencies. They may share their records to make sure their information is accurate, but often this doesn’t happen. This can leave an interesting void, where one lender using Experian may decline you for a default that another lender using Equifax or Call Credit might not see.
What we Charge
If you decide you would like us to help you with your mortgage, we’ll charge a fee to cover our administration cost. The precise amount will depend upon your circumstances, typically between £299 and £999. We will also receive commission from the lender
We also offer a couple of optional services such as conveyancing, Surveying, Will and estate planning and life cover. If you choose to use our conveyancing service, you’ll pay a fee to the conveyancer and we’ll receive an introductory fee from them.
With the optional life cover, we’ll receive a commission payment from the cover provider, and we’ll never load your premiums in order to take a larger share.
We always try to do the very best for our customers (more of our customer’s mortgage applications are approved than any other broker we know of) and this means that we get paid by the lender more often.
So, in a nutshell, we save you time. We save you hassle. And we save you money. We also commit to finding the very best mortgage deal for you so that you’ll want to tell your friends and family about us.
Buy to Let and Commercial mortgages are not regulated by the Financial Conduct Authority.