Specialists in Bad Credit Mortgages

If you have a Bad or Poor Credit Profile Can We Still Arrange a Mortgage For You?

YES

The very positive news today is that we can now arrange a mortgage for you even if you have historical Bad Credit and depending upon when the issues occurred, we can now reach 95% LTV, subject to the lenders internal credit score.

This is such good news for First Time Buyers (FTB’s) who may struggle to find more that a 5% deposit as this opens the door a little wider to allow FTB’s to get their foot on the property ladder to take advantage of the current market conditions which favour buyers with the opportunity to purchase below market value where the market is relatively quiet and vendors are desperate to sell.

With over 57 years in Financial Services we have the experience and the knowledge to be able to see very quickly if we can help you, and what terms are likely to apply.

We are here to help you if you have late or missed payments on unsecured credit agreements, credit defaults, County Court judgements, you have been, or are in a Debt Management Plan, you are a discharged Bankrupt or have been in an IVA and even historical mortgage arrears.  If there is a lender out there who will help you, we will know who they are from our own extensive knowledge and a data base which is supported with a very sophisticated sourcing system that monitors any change in lending criteria.

Let us assure you, if it can be done, we will do it.  We are not here to waste anyone’s time; we want to help you achieve your goals in getting that mortgage you are looking for.

What is the first thing that you should do to start the process of looking for a mortgage ?? Get an up to date copy of your credit file, which you can obtain from;

www.equifax.co.uk or www.experian.co.uk

The cost will be a one-off payment of £2 by a debit card. Why do we need you to access your credit file?  Because we can then view the same level of information as any underwriter at the lender, and it will allow us to guide you accurately to the correct lender with the most attractive terms based on fact.

 

How We Can Help

Residential Mortgages

We can arrange a wide range of residential mortgage products including fixed rate mortgages, standard variable rate mortgages, interest only, capped rate and adjustable rate mortgages.


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Commercial Mortgages

Whether you are a landlord looking for a buy to let mortgage or a company looking for bridging loans and development finance, we can help.


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HMO Mortgages (High Multiple Occupancy)

If you are looking for a large mortgage of £500,000 plus we can help. We can also arrange London mortgages and high net worth mortgages.


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Our Panel of Lenders

Can our lenders help in this difficult market?

Can our lenders help in this difficult market?

You will find with our lenders that even in this very difficult market, our lenders want to help you if they can. What we have seen in 2016 and 2017 , and we know will continue in 2018 and beyond, is the new breed of Challenger Banks coming to the market, with niche products and a flexible lending criteria. Most people will have a financial dip in their lifetime, but it is how you have dealt with that dip that matters. If we can assure our lenders it was a one off event in your life, over which you had no control, they will make an informed decision to lend whenever they can. Consistent bad payers will never change, and it is not them that we are looking to help.

We have an excellent relationship with our lenders for introducing to them good clients, who may have been down but are now very much back on the way up. It’s you that we want to help, and if it can be done we will do it.

Speak to one of our friendly advisers

You have nothing to lose by picking up the phone and calling us, or email and request a call back. We are here to help you and we will always do best to find a lender that will help us, and we know that no one fights any harder for our clients’ than we do.

What we specialise in

Mortgages are what we specialise in, for clients who need that extra bit of help to help them achieve their goals when most lenders would say ‘no’. It could be Bad or Poor Credit history, self employment, agency/ contractual workers, Ex-Pats, Bridging and Development Finance, second charge lending, buy to lets, HMO’s holiday homes, we love a challenge. If you need help with any of these, please call me, Michael J Alexander 03452 605506 or 07867 794837

Mortgage Advisers

We are Mortgage advisers with access to the whole of the market, and to all of the Mortgage Clubs which offer Exclusive Products only via Intermediaries. Our level of service is first class and we just hate to say no to any client, we like to feel that if a mortgage can be arranged we will find that product for you.

“Bad Credit Mortgages”

We are special because we know our market, and our lenders trust us because we are totally honest and transparent with them from day one. We are not time waster’s we make no upfront charges, so if we cannot help you we will tell you as soon as possible. Our business model is that we want to see everything from you up front, your credit file and any information that will have an impact on your application. If we can see very early on what the lender will see when looking at you, we are in the driving seat, and we can, if at all possible take you to the lender who will say YES.

If you would like to speak to one of our friendly advisers about a mortgage / finance then call us on

Request a Call Back
Helping Clients With A Bad Or Poor Credit History

We now have a very new and different breed of lenders who will credit check and find any adverse credit, but the decision to lend is made by an underwriter who can take a view based on the client’s credit history, the loan to value and any circumstances or event that may have been beyond the client’s control. I think that I would call it commonsense lending, that wonderful word that has almost disappeared from our language
What are the issues that will impact any lenders decision to lend?

  • Late or missed payments on credit arrangements
  • Mortgage arrears
  • Defaults on credit arrangements
  • Poor conduct of your bank account
  • County Court Judgments ( CCJ’S )
  • Previous repossession
  • Bankruptcy
  • Individual voluntary arrangements.( IVA )
  • Debt management plans
  • Length of time in current employment or self employment
  • Using a high percentage of your available credit limits
  • Not appearing on the electoral roll
  • Using Pay Day Style loans
  • Not being in control of your finances