Adverse Credit Mortgages - Information and Advice

Some estimates suggest that one in four people within the UK would be refused a standard mortgage because of bad credit. A range of niche specialist companies, as well as the main mortgage lenders, have specifically designed packages for people in this situation, so if you have bad credit there is still plenty of market choice.

While a bad credit mortgage is easy enough to obtain, you may not get the best deal unless you carefully examine the market, or seek professional advice. Bad credit mortgages often come attached with high interest rates, severe restrictions and penalties.

Fee Free Expert Mortgage Advice

When choosing a bad credit mortgage, you should be certain that you can fulfil the required terms, paying the higher interest rates and following the restrictions on when you can pay, and how much. By showing consistency in making the payments agreed with the lender, you may be able to improve your own credit score.

The bad credit mortgage market is significantly smaller than the main mortgage market, but it can be a tricky place to make decisions. It is worth seeking specialist advice, as a bad credit mortgage broker with extensive knowledge of the market will be able to tell you which products might suit you best, given your personal situation. As well as having the experience to find the appropriate mortgage for you, an advisor can be of use when it comes to completing application forms and helping with any difficulties you may encounter.

Please fill out the enquiry form on the right and a professional advisor from London & Country Mortgages will call you back.

This no-fee, whole of market mortgage advice service is provided by London & Country Mortgages Ltd. Registered Address: Beazer House, Lower Bristol Road, Bath, BA2 3BA. Registered in England, number: 01988608. London & Country Mortgages Ltd are authorised and regulated by the Financial Services Authority. Their FSA number is 143002.