Adverse Credit Mortgages
An adverse credit mortgage is for people who have a poor credit history.
You may also see an adverse credit mortgage promoted as a “bad credit
mortgage”; “non standard mortgage”; or a “sub
prime mortgage” or one of many other similar names. Whatever they
are called – and for the purposes of this section, we shall refer
to them as an “adverse credit mortgage” - these mortgages
may be suitable for you if you have a poor credit rating.
If you have a financial history of adverse credit, you may find it difficult
to get an adverse credit mortgage. And even if you do, you may find that
many lenders will charge you higher interest than your contemporaries,
as the lender may consider you more of a financial risk.
The good news is that there are sympathetic mortgage providers who empathise
that people sometimes do make a mistake and fall into financial difficulties
and accordingly won’t penalise you heavily.
Therefore, if you are considering an adverse credit mortgage, it is always
sensible to get advice and assistance from a specialist to ensure you
get the right product for you and your circumstances.
And once you have got an adverse credit mortgage, providing you keep
up to date on repayments, you will find this helps your credit rating
and will help you should you wish to borrow money in the future.
Mortgage
Directory |
Mortgages |
| Nationwide |
We are currently the second
largest online mortgage provider in the UK. We are one of the only
major mortgage providers with a full end-to-end online service,
providing a fully credit scored decision for successful applicants. |
|
| First Active |
At First Active, we've taken a fresh
approach to mortgages. We've made them easier to understand, easier
to arrange. No extended tie-ins - just the deal you sign-up for.
Our rates start low and stay competitive. And most importantly,
all our deals are open to everyone, not just new customers. So you
don't have to change mortgage companies every few years to get the
best deal. Our fixed rate mortgages offer great rates and fixed
payments – so you get the best of both worlds. And our discount
mortgages offer you our lowest possible variable rates for a set
period. Simple. Easy to open. Good value. That’s the way mortgages
are meant to be. |
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| West Brom Building Society |
A wide range of mortgage products to
suit different individual needs all of which can be applied for
online. |
|
Adverse Credit Mortgages |
| Enable Finance |
Enable Finance specialise in providing
adverse credit re-mortgages to people looking to unlock cash tied
up in their home but have current or previous credit issues including
a poor credit history such as CCJ's & mortgage arrears. We have
a wide range of re-mortgages and can lend to applicants even without
proof of income. |
|
Commercial Mortgages |
| B2B Mortgages |
B2B mortgages are specialists in sourcing
Commercial Mortgages for sole traders, partnerships, limited companies
and investors. We search all lenders available for the lowest possible
rates. |
|
| Simply Business |
Whatever your financial situation and
need, Decision Finance endeavours to help you secure funding. We
work with the leading providers for each financial product and provide
you relevant, free quotes, most of them instantly. |
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