Adverse credit mortages

If you have any concerns regarding your credit history and ability to get a mortgage then we would love to help you.

No matter what size of deposit you have, or the nature of the property you wish to buy, if you have a poor credit rating it can often feel very disheartening when trying to obtain a mortgage, with a limited number of lenders willing to consider your application.

Having a mortgage application rejected will also worsen your overall credit score therefore its important a lot of research takes place before any mortgage application is made. If you feel you may struggle to obtain a mortgage due to issues with your credit history, you please do call us so we can help you and give you personalised comprehensive advice.

We treat every client as an individual and aim to make it easier for those with adverse credit to secure a mortgage, whether you’re a first-time buyer or a homeowner looking to remortgage or move to reduce your outgoings and address your financial position.

As a whole of market mortgage broker it means we have access to every mortgage product on the market available through a broker and access to exclusive products and rates to help obtain you the very best mortgage for your circumstances. We have strong associations with lenders who are more understanding of adverse credit and we will start by being able to give you independent advice about your ability to get a mortgage so that you don’t worsen your position by applying to a lender and having your application rejected.

What causes adverse credit?

There are a number of factors that contribute to your credit score, some of the most common reasons people have poor credit ratings include:

  • Missing a loan, credit card or mortgage payment
  • Having an ongoing loan with a payday loan provider
  • Being declared bankrupt or entering into an individual voluntary arrangement (IVA)

It’s also worth noting that if you have never taken out credit for anything, you may well find yourself being rejected for certain finance items – because you haven’t yet built up a record of credit.

How do I know if I have adverse credit?

There are a number of tools online that can be used to measure your credit score.  The ones frequently used by lenders that you can check yourself are Experian, Equifax, and Callcredit.

It is important to note that by using one of the credit checking tools above you will leave a “footprint” on your credit report in the form of an inquiry.  This will however not negatively affect your credit score. 

Making it easier to find a lender who will accept your application

If you have adverse credit and are struggling to secure a mortgage, we can help. To find out more about how we can get you a mortgage, or any of the other services we offer for those looking to secure a mortgage on a property, call us on 0800 138356 or get in touch below.

We would love to help you. It may be that we are not able to help you secure a mortgage right now but we will provide advice and support on the steps you can take to ensure you are in a position to be able to take out a mortgage in the future.

Our advice to you is also backed by our unique unconditional service and 100% mortgage guarantees which means you can proceed with us in absolute confidence that you will get a guaranteed mortgage and the very best service! Read more about our guarantees.

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