Bad Credit Mortgages

Bad Credit Mortgages

💬 Can You Get a Mortgage with Bad Credit?

 

Yes, it’s absolutely possible. Whether you’ve had missed payments, defaults, CCJs, or even a bankruptcy, there are lenders who specialise in helping people with less-than-perfect credit.

The key is understanding which lenders are more flexible—and that’s where working with a specialist broker becomes essential.

 

⚠️ What Counts as Bad Credit?

 

Bad credit can include:

  • Missed or late payments

  • Defaults

  • County Court Judgements (CCJs)

  • Debt management plans

  • Bankruptcy

  • IVA (Individual Voluntary Arrangement)

  • Payday loans

Even if the issues are years old, they can still affect your chances. But don’t panic—some lenders are far more understanding than others.

 

🤝 How a Specialist Broker Can Help

 

If you’ve got bad credit, applying to the wrong lender could lead to a rejection, which may damage your credit file further.

A broker who specialises in bad credit mortgages will:

  • Review your credit report

  • Match you with lenders that accept your credit history

  • Present your case to lenders in the best possible light

  • Help improve your chances of approval

 

📅 When to Apply for a Bad Credit Mortgage

 

The more time that’s passed since your credit issues, the better. Some lenders require a clean track record for 6–12 months, others will consider applicants with recent issues.

Your broker will know the best timing for your application and which lenders are most forgiving.

 

📉 Will You Need a Bigger Deposit?

 

In many cases, yes. Most bad credit lenders will require a minimum deposit of 15–30%, depending on the severity and age of the credit issues.

That said, a specialist broker might be able to help you access deals with a 5% deposit in some circumstances.

 

💡 Improve Your Chances of Approval

 

  • Check your credit report and fix any errors

  • Register on the electoral roll

  • Avoid payday loans

  • Don’t miss any current payments

  • Save as large a deposit as you can

 

🏡 What Type of Mortgage Can You Get?

 

With the right guidance, you can access:

  • First-time buyer mortgages

  • Home mover mortgages

  • Remortgages (including releasing equity)

  • Buy-to-let mortgages

  • Shared ownership or Right to Buy schemes

 

📞 Speak to a Specialist in Bad Credit Mortgages

 

We’ll connect you with a mortgage advisor who knows exactly how to handle complex cases.

✅ Understand your options
✅ Compare lenders across the market
✅ Get clear, no-obligation advice

 

❓ FAQs

Can I get a mortgage if I’ve been bankrupt?

Yes—some lenders will accept applications immediately after discharge, though others may want a longer track record of recovery.

No. Lenders also assess affordability, employment, deposit, and the type of property you’re buying.

If you apply to the wrong lender and are declined, it could leave a mark. A broker helps avoid this by matching you to suitable lenders first.

Yes. Many people switch deals even with adverse credit, especially if their home has gone up in value.

It’s harder—but not impossible. Some lenders won’t accept any recent payday loans, but others may consider your application with explanation.

Yes—certain schemes and specialist lenders are open to first-time buyers with less-than-perfect credit.

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