Bad/Adverse Credit Mortgage

Just because your credit is bad, doesn’t mean your mortgage has to be.

Adverse credit – also known as bad credit – is where you have a not-so-great history of repaying debt or credit loans. Perhaps you’re guilty of missing bill payments, or making late payments consistently? Maybe you’ve been given county court judgements (CCJs)? Or maybe you have a debt management plan or individual voluntary arrangement (IVA) because you need longer to pay back your debt?

Whatever the reason, a bad credit mortgage allows you to borrow money, providing you pass the mortgage lenders’ credit checks. But how can you get a mortgage with bad credit? Aren’t you seen as higher risk? How does your credit history and credit score come into play? And what interest rates are there on adverse credit mortgages? We can answer all of this and more, ensuring that you get the right mortgage for you.

Your home may be repossessed if you do not keep up repayments on your mortgage. Most forms of Buy to let mortgages are not regulated by the Financial Conduct Authority.