Our team have years of experience in dealing with clients that have a poor credit rating.

It is possible to get a mortgage, even with bad credit, although your monthly repayments are likely to be higher due to the increase interest rate. There are mortgages specifically designed for people with poor credit, and some lenders specialise in offering these. These are known as bad credit mortgages or adverse credit mortgages.

You might think your credit is so bad that you won’t be able to get a mortgage, or you may have been rejected for credit in the past.

Our team have years of experience in dealing with clients that have a poor credit rating. Each lender has a different criteria for lending so just because you may have been rejected by one, it does not mean that all lenders will say no.

Even the smallest credit blip in your past could exclude you from a lot of high street lenders so it is important to get independent advice.

You might think that it is better to wait for your credit file to get better, but it depends heavily on your circumstances. Whilst on one hand you may be paying more for your mortgage, you will be closer towards home ownership vs waiting for your mortgage to clear.

It may still be possible for you to remortgage even if you have bad credit. Even if it isn’t, our team of specialised advisers will be able to advise you on the best course of action, including switching your mortgage onto a better rate with your current lender.

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

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