Adverse Credit Mortgage

Adverse Credit Mortgage solutions tailored for bad or poor credit. Expert guidance, whole-of-market access, and personalised support. Contact us today!

  1. Home
  3. Adverse Credit Mortgage

Adverse Credit Mortgage Solutions

Finding the right mortgage with adverse credit, often referred to as bad credit or poor credit, can be challenging. However, it’s not impossible. At Bradgate Financial Solutions, we specialise in helping individuals with adverse credit history secure the right mortgage for their needs. Whether you’ve faced bankruptcy, CCJs, repossession, or other financial difficulties, our team is here to guide you through the process with care and expertise.

With over 20 years of experience and access to the whole mortgage market, we provide personalised advice and tailored solutions to help you achieve your homeownership goals.

Free Consultation

Learn More

How Does an Adverse Credit Mortgage Work?

Adverse credit mortgages are designed for individuals with less-than-perfect credit histories.

Here’s how they work:

We begin with a detailed review of your financial and credit history to understand your situation.

Using our whole-of-market access, we identify lenders who specialise in adverse credit mortgages and find the best deal for you.

We guide you through every step of the application, ensuring your paperwork is accurate and complete to maximise your chances of approval.

Our expertise ensures you receive a clear path to securing a mortgage, even with credit challenges in your past.

We Can Help

Can I Get a Mortgage with Bad Credit?

The short answer is yes. Whether you’ve experienced bankruptcy, a CCJ, or repossession, it’s possible to secure a mortgage. Here are some common scenarios:

Bankruptcy:

Even if you’ve been bankrupt, you can still get a mortgage. The amount you can borrow depends on how long ago your bankruptcy was discharged. The more time that has passed, the better your borrowing potential.
CCJs and Defaults:

If you’ve defaulted on a previous mortgage or have a CCJ, lenders may still consider your application. Factors like illness or redundancy that led to financial difficulties will be taken into account.
Repossession:

Having a home repossessed doesn’t mean you can’t apply for a new mortgage. While lenders will be cautious, we can help find the best deal for your circumstances.
Free Consultation
Adverse Credit Mortgage Bad Credit Mortgage Advisor

Benefits

Benefits of an Adverse Credit Mortgage

Choosing Bradgate Financial Solutions for your adverse credit mortgage ensures access to a wide range of lenders, allowing us to find specialised products that cater to individuals with poor credit. Our advisors provide personalised support, taking the time to understand your unique circumstances and tailoring solutions that meet your needs. By presenting your case accurately and effectively, we enhance your chances of securing a mortgage approval. From the initial consultation to the finalisation of your mortgage, we guide you through every step, ensuring the process remains smooth and stress-free.

Our Other Mortgage Solutions
  • Right to Buy Mortgages: Ideal for council tenants looking to purchase their homes under the Right to Buy scheme.
  • Remortgages: Helping you switch to a better rate, release equity, or consolidate debts.
  • Self-Employed Mortgages: Tailored options for business owners and freelancers with varying income streams.
  • Buy to Let Mortgages: Designed for property investors looking to rent out residential properties.
  • Portfolio Mortgages: Simplifies financing for landlords managing multiple rental properties.
  • Self-Build Mortgages: Provides funding for constructing your own home.
  • Ex-Pat Mortgages: Assistance for UK nationals living abroad who want to purchase property in the UK.

Our extensive range of services ensures that no matter your needs, we have the expertise to assist.

Common Questions About Adverse Credit Mortgages

How does bad credit affect my mortgage options?

Bad credit may limit your choice of lenders and require a higher deposit. However, specialised products are available to accommodate these situations.

Can I improve my chances of approval?

Yes, paying off outstanding debts, improving your credit score, and providing detailed financial records can enhance your application.

Will I need a larger deposit?

In many cases, yes. Lenders often require a deposit of at least 10-20% for those with adverse credit.

How long does it take to get approved?

The timeline varies but typically takes a few weeks. We ensure your application is processed efficiently.

Are interest rates higher for bad credit mortgages?

Yes, interest rates are generally higher to reflect the increased risk for lenders. However, we work to find the most competitive rates available.
Next Steps

At Bradgate FS we aim to make choosing and applying for a mortgage, protection, loan or insurance as stress-free as possible.

Don’t let bad credit hold you back from owning your dream home. Contact Bradgate Financial Solutions for a free consultation, and let us help you secure the right adverse credit mortgage for your needs. With our guidance, homeownership is within reach.

Book a Free Consultation