Adverse Credit? Find a Mortgage Solution

From professional, experienced advisors

Speak to an Adverse Credit Mortgage specialist

Estimates show that one in five people have had a mortgage application turned down as a result of bad credit. Factors such as divorce, illness, redundancy have resulted in people having credit problems at no fault of their own. There are various reasons why people are not categorised as standard borrowers and do have a great credit rating. For example, they have no credit history, not being registered on the electoral roll, moving numerous times in a short space of time can affect your credit rating.

Some high street lenders will consider clients with minor credit problems such as a settled £100 county court judgment. We will always make sure we have considered the high street lenders before we look at adverse credit lenders. Mortgage lenders will charge higher interest rates and may be less flexible when lending to people who have bad credit because they are a bigger risk than a standard mortgage borrower.

You should not apply for a mortgage to see if you get turned down because this goes down as a black mark on your credit report. Before you apply for a mortgage you can look at your credit record, you can order it online, telephone or have it posted from agencies such as Experian or Equifax.

It is important to contact a mortgage advisor so they can explain the credit problems to you, they will also know what lenders to approach, ones that will consider the application. They will make sure that all the paper work is correct to ensure that no more black marks are put on your record. An adverse credit borrower may need a self- certification mortgage if their income comes from different sources, an advisor will be able to find the most suitable mortgage provider for you. A lot of adverse credit lenders do not deal directly with the public, an advisor will be able to apply on your behalf.

If you have any of the following we still may be able to help find you a suitable mortgage.

• Bankruptcy
• Defaults
• Impaired credit
• County court judgments (ccjs)
• Mortgage or rent arrears
• Property repossession

Why Use Mortgage Advice Center?

• Free Mortgage Quotes
• Mortgage Deals to suit your current financial situation
• ‘Whole of Market’ Advice – Unrestricted product range
• Access to all mortgage products including Low Start Morgages and Remortgages
• Guidance through entire mortgage process from initial quote to completion

Get Free Quotes on Adverse Credit Mortgage Deals Today

Complete our short form in the right hand panel and an independant mortgage advisor will contact you to look into every avenue to find you the right mortgage. Once you have a mortgage this will start to repair your credit rating.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE
There may be a fee for Mortgage advice. The precise amount will depend upon your circumstances but we estimate that it will be £250