Having a less than squeaky-clean credit history could seriously set back your chances of buying your first house or remortgaging your property. It’s estimated that one in four people, or five million households, would be refused a conventional, high street mortgage because they’re suffering from bad credit, despite often being totally oblivious to the damage that’s been done.

You can get a black mark against your name for a number of reasons. You could have paid a utility or council tax bill late or had problems keeping up with a credit card or loan payment and picked up County Court Judgments (CCJs) which can tarnish your record for six years. Maybe you can difficulties coping with the financial rigours of student life. A problem might have been triggered by arguing about payment of a bill with the issuer or an innocent mix up over direct debits. Problems might be as serious as bankruptcy or a home repossession due to unpaid debts.

CCJs
Defaults
Mortgage arrears
Poor credit rating
Low credit score
Bad credit history

You might be refused lending through no fault of your own. Problems are often provoked by bereavement or redundancy. You might be recently divorced or have lived abroad for some time and simply have no credit history. Your credit rating could be blemished if you’ve been unlucky and moved somewhere where a serial non-payer of bills lived.  

Businesses can fail, as they did in their tens of thousands in the recession of the early ‘90s. Not many of these commercial casualties were to blame for their predicament – wider economic factors were the guilty agent, so perhaps you're a discharged bankrupt looking to purchase a property. 

Whatever your situation we can help. There are a number of mainstream and specialist sub prime lenders out there who are sympathetic to people with a bad credit score. 

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As independent mortgage advisers we have access to the whole UK mortgage market and will advise on the best deals for you.

We are experts at arranging competitive mortgages for people with a poor credit rating. It costs you nothing to see what products are available and what your options are. We'll guide you to the products that are right for you.

Simply contact us today for a no obligation mortgage quote.