Adverse Credit causing you problems getting finance for your home?

Our mortgage partners are specialists in helping people with problems getting high street deals.

BAD CREDIT REMORTGAGE?

Bad Credit Lenders rather than High Street Lenders... Why!
Whilst many high-street lenders will refuse your application for a mortgage if you suffer from bad credit, there are many specialist lenders who focus on these types of mortgages. Otherwise known as ‘sub-prime’ lenders, these lenders are your best chance of attaining a mortgage and our partner specialist brokers have access to all of them and once they understand fully your circumstances and what you are looking to achieve, they will research the market and help you choose the adverse credit remortgage or mortgage that is right for you.

Bad Credit- What is it?
If a borrower has a history of poor credit usage then this is described as Sub Prime status or just simply, Bad Credit. Poor Credit history can include County Court Judgements (CCJ's), Bankruptcy, Mortgage arrears or any late payments on credit cards, credit arrangements etc.

What is meant by adverse credit due to Arrears?
This describes the amount the borrower is behind in his mortgage repayments schedule. The amount is usually measured in either pounds or months.

What is a County Court Judgement (CCJ)?
An adverse ruling by a County Court against a person who has not satisfied their debt payments with their creditors. Once the ruling has taken place it will be recorded against the persons credit history and will appear every time a credit search is done for the next seven years

Will having County Court Judgements (CCJ's) stop me getting a Mortgage or Loan?
It is generally accepted, that if a person has a County Court Judgement against them it will have to be satisfied before they can get a mortgage or loan. This is not strictly true, as there are some lenders that specialise in providing mortgages and loans to those with varying degrees of adverse credit, including CCJ's. It is true, however, that such so called "Sub-Prime" lending, attracts a higher interest rate.

What is meant by the term Default?
Failure of an individual to make payments on a mortgage at the correct time or to not comply with the mortgage companies requirements.

Adverse Credit Mortgages- Get a Quote!
Have you ever been refused a mortgage elsewhere because of adverse credit history? County Court Judgements 'CCJs', Mortgage arrears, Loan payment defaults, IVAs, bad payment profile. All of these are elements of a bad credit history. If so, we are here to help. Whatever your current or previous bad situation, whether you have current or past mortgage arrears, outstanding CCJ's or defaults or any other form of adverse credit, we may still be able to help you.

Click here to send us your mortgage requirement details and we will find someone that can help!. Our partners respect your do privacy and will get back to you within a few business hours.