Whether you’ve been turned down for a mortgage in the past, or you’ve never applied because of your credit history, we’re here help make the process a little easier for you.
Whilst it can be more difficult, it certainly is possible to get a mortgage with a bad credit rating, and our specialist subprime mortgage advisers are here to help you secure a mortgage at a rate that works for you.
We understand the variety of factors that can impact your mortgage agreement, from missing mortgage payments in the past, to CCJs, or payday loans. And we specialise in a variety of subprime mortgages, including first time buyer mortgages, shared ownership mortgages or right-to-buy mortgages.
Interest rates for bad credit mortgages are undeniably higher, due to the additional risk to the lender, however, the good news is that more and more lenders have entered the market for subprime mortgages, which means more options and better rates for those applying.
We’ll work closely with you to establish your individual circumstances, and find the right mortgage for you. We will also discuss with you whether you definitely need to apply for a bad credit mortgage or not, as financial problems from your past may not necessarily dictate your future lending.
Whatever your situation, we’ll be happy to speak with you about your options.
Why use us?
- We search thousands of mortgage deals to find the right one for our customers’ circumstances and needs. Some of these schemes cannot be found on the high street and are exclusive to Mortgage Advice Bureau
- We have over 12,000 products from over 90 lenders located across the UK
- We can provide face-to-face advice either in branch or in the comfort of your own home, and telephone advice for our customers
- We pride ourselves on our professional service, which continues throughout the lifetime of our relationship, not just when your mortgage completes