Bad Credit Mortgages
Specialist mortgage advice for clients with CCJs, defaults, arrears, or debt management plans.
Important: Your home may be repossessed if you do not keep up repayments on your mortgage. Think carefully before securing other debts against your home.
A few blips on your credit file doesn’t have to mean the end of the road for your mortgage plans. As a whole of market adviser with over 20 years of experience, I help clients across Essex and the UK who’ve had CCJs, defaults, missed payments, IVAs, debt management plans, or even past bankruptcy find lenders who’ll say yes.
Mortgages for Clients with Adverse Credit
High street lenders have strict tick-box criteria, and a single missed payment can be enough for an automatic decline. Specialist lenders take a much more individual view, looking at the story behind the credit history, how long ago issues occurred, and how your finances look now. I know which lenders are comfortable with which kinds of credit events, so your application lands on the right desk first time.
What to Expect
- Free, confidential review of your credit situation and goals
- Honest assessment of what’s realistic based on your file
- Access to specialist lenders not available on the high street
- Advice on improving your credit profile before applying
- Careful lender selection to protect your credit file from multiple declines
- Support with purchase, remortgage, or raising capital
- Full application management from first call to completion
FAQs
Can I get a mortgage with a CCJ or default?
In many cases yes. It depends on the age of the CCJ or default, how much was owed, and whether it’s been satisfied. I work with lenders who accept recent and historic adverse credit, and I’ll tell you honestly what’s achievable.
How long after bankruptcy or an IVA can I get a mortgage?
Some specialist lenders will consider applications from one year after discharge, though rates and deposit requirements improve significantly after three to six years. I’ll show you the options at each stage.
Will applying for a mortgage damage my credit score further?
Every full application leaves a footprint, which is why I don’t submit applications speculatively. I use soft searches and lender criteria checks to narrow down the right lender before we formally apply.
Do I need a bigger deposit if I have bad credit?
Usually yes. Specialist lenders often want between 10% and 25% deposit depending on the severity and timing of the credit events. The bigger the deposit, the more competitive the rate.
Are bad credit mortgage rates much higher?
They’re typically higher than standard high street rates, though the gap has narrowed in recent years. I’ll always look to move you onto a mainstream deal as soon as your credit profile allows, often through a remortgage after two to five years.