Bad Credit Rating
A specialist non standard mortgage advisor arranges
remortgages and mortgages for people with bad credit
Providing you can put down a reasonable deposit and you meet affordability criteria, your bad credit history needn't prevent you from securing a mortgage.
The choice of mortgages for people with bad credit is limited as high street lenders often use automated credit scoring procedures which tend to block anyone with a blip on their credit file. Thankfully some specialist lenders cater for people who have experienced past financial difficulties. They examine each application on a case by case basis and take the approach that financial issues of the past don't always reflect the future.
A remortgage is the process of switching your current mortgage to another lender. More and more people are remortgaging in order to:
- Get a better deal with lower interest rates
- Reduce monthly payments
- Release equity in a property in order to buy a new car, pay for your children's education or university fees, weddings, home improvements etc.
- Consolidate existing debts such as credit card debts and loans into one monthly payment
No Obligation - Free Quotations
To get a free no obligation quote from an independent mortgage broker who has access to the whole of the market in the UK, simply complete our no obligation enquiry formYou'll receive advice on the best deals for you. Quotations are FREE, so it costs you nothing to see what your options are.