Bad credit mortgages

We'll help you get accepted for a mortgage even if you have bad credit

self employed mortgage

Perhaps you've visited a high street bank and have been turned down for a mortgage because of a pesky missed bill deep in your credit history? Thankfully, as a whole of market mortgage broker, we have access to specialist lenders who understand that many borrowers with previous credit issues are capable of getting their finances back on track. These lenders take a flexible, common sense approach with lending decisions taken on a case by case basis rather than automated credit scoring.

If you have a bad credit history contact us today to see if we can help you get a mortgage. We will provide you with impartial advice and suggest which lenders are going to be most accommodating to your case.

Access specialist lenders

We can give you advice on all products from every lender across the whole of the market including specialist bad credit friendly lenders.

Free expert advice

Our initial advice service is free and without obligation. We'll only charge a fee should you proceed with our mortgage recommendation

Hassle free

We deal with lenders on your behalf throughout the application process until completion.

Mainstream lenders may give you the cold shoulder

Life gets in the way of the best laid plans and credit blips can be caused by many unavoidable things such as redundancy, divorce and bereavement. Combine this fact of life with tightening of mortgage lending criteria and you are left with a mortgage market that excludes many of those borrowers who don't fit the mould.

While a single late credit card payment may not seem like a big deal, it could be the difference between successfully obtaining a mortgage for a new home or being turned away. This is because all major lenders in the UK use a process called 'credit scoring' to determine which customers they want to lend to. This process involves examining someone's financial history to look for signs that they may not be able to repay their mortgage.

The result is that some creditworthy borrowers can be sifted out during the application process because they don’t fit the lender’s criteria, including many people with previous credit issues such as missed payments, defaults and CCJs.

Specialist lenders could open the door

While it is probable major banks are likely to remain closed to credit impaired borrowers for a long time to come, there are still some good mortgage options for people with bad credit. While high street lenders traditionally take a black and white approach to credit ratings, specialist lenders take less of a cavalier approach. Many of the regional building societies and smaller lenders are often better attuned to assess suitability and affordability based on a complete client assessment. There are some small specialist lenders who will consider clients with county court judgements (CCJs), previous mortgage arrears and even bankruptcy against their name.

Specialist lenders will usually charge higher rates compared with their mainstream counterparts, but a successful term with one of these lenders makes it more likely that you will be able to return to a mainstream mortgage lender in future.

Many of the specialist lenders operate exclusively through mortgage advisers, so if you have bad credit your best option is to contact us for a free, initial no obligation consultation.  We can provide you with advice over the phone or face to face at a time and location convenient to you.

Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage.