About... Adverse Credit

Why use us? We will shop the whole mortgage market on your behalf. The Lenders pay us commission unless you choose to pay a fee. If you do choose to pay a fee, this would usually be 1% of the loan amount.

Sometimes the ability to get the right answer from a Lender or the best deal is influenced by how the application is presented. We have the expertise to help get you best value for money. We can normally obtain an 'Agreement in Principle' for you in as little as one hour (depending on your situation).

Adverse Credit Mortgages

If you had any financial problems in the past many of the mainstream mortgage deals may not be available to you. Problems such as: Rent or Mortgage arrears, Count Court Judgments (CCJ's), Bankruptcy and  Defaults  may all affect the choice of lender you have. Our job is to find the right lender for you.

There are lenders and schemes available that offer mortgages at standard rates with discounts and fixed and capped rates available.  Some lenders that accept past financial difficulties charge rates that are only ½% higher than mainstream lenders. Even the lenders that offer mortgages for serious past financial difficulties are charging rates that are not much higher than 'high street' so these mortgages do not have to be very expensive.

The minimum deposit required is usually 5% of the purchase price. Individual circumstances determine the deposit required, the rate charged and the type of deal available.

There are many misconceptions and 'urban myths' about credit reference agencies and the information they hold about you. Because of this, we have prepared a guide to your credit file and how it affects your ability to obtain credit.

Problems Proving Your Income?

You do not need to have had problems with credit to have problems obtaining a mortgage from traditional mortgage lenders. If are self-employed or have an income that includes a large amount of commission or bonus, you may find that the amount you can borrow is restricted by many lenders' traditional income requirements. Similarly, the recently self-employed, agency workers and contract workers may find that not every lender will be willing to consider lending to them.

About Mortgages have the expertise to source an appropriate lender who will consider your circumstances in order maximise the loan amount available to you while ensuring that the interest rate remains competitive.

The overall cost for comparison is 7.8% APR. The actual rate available will depend upon your circumstances. Ask for a personalised illustration.

Your home may be repossessed if you do not keep up repayments on your mortgage.

You can choose how we are paid: pay a fee, usually 0.5% of the loan amount; or we can accept commission from the lender.