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Only 80% of all mortgages are on the internet! That's a massive 20% you could be missing out on. We're specialists in helping people gain finance who have bad credit or little or no credit history. Fill in out easy to use form and let our friendly Financial Advisors search the whole market and find the best deal that suits you. Remember, our service is 100% FREE!
Tip:
Use a service like Cash Caretaker who can help you search the mortgage market, without placing too many footprints on your credit file.
Despite the credit crunch, applying for a mortgage or remortgage is still possible. If you have a poor credit history, such as CCJ’s, debts, bankruptcy, or are self employed and find it difficult to prove your income, then there are products available to help you get the mortgage you need – even if you have been rejected in the past.
Bad credit mortgages were created for those people who have a poor or impaired credit history and have been declined normal mortgages elsewhere. They are also referred to as sub-prime mortgages and adverse credit mortgages.
If you are considering bad credit mortgages, after a few years of repaying your mortgage payments you will be able to re-build your credit rating. In some cases, your current debts can be combined with your mortgage repayments so that you only have to pay off one lump sum every month.
Bad credit mortgages work in the same way as standard mortgages, but may have higher interest rates. However, these can still be manageable and are designed for your specific financial situation. You will still put down a deposit like you would on a normal mortgage and can even choose from fixed, variable or tracker mortgages.