Bad Credit & Adverse
There are various types of bad credit, such as a low credit score, CCJ, default, IVA, bankruptcy or missed payments.
In the past, most lenders would decline people with adverse credit outright. While this can still prove to be the case for many mainstream banks and building societies, there are specialist lenders eager to manually assess ‘bad credit’ mortgage applications, taking the time to understand your circumstances.
Mortgage Store has helped many people with bad credit realise their mortgage goals, making the journey as smooth and stress-free as possible. Our knowledgeable mortgage brokers in Bedfordshire will assess all your options, including exclusive deals, before recommending the most suitable products.
Bad credit doesn’t mean you should pause your mortgage plans
We know just how frustrating and worrying it can be to be swiftly rejected by your bank or building society.
Still, we can help you look beyond “computer says no” lenders, unlocking new avenues to specialist lenders willing to accept adverse credit borrowers. Whether you plan on buying your first home to encourage stability and security or require advice on obtaining a buy to let mortgage with bad credit, we can help you access the best rates, handling the entire process for you — smoothing out any bumps along the way.
Can you get a mortgage with adverse credit?
We have helped many people secure mortgages in Bedfordshire and around the UK with bad credit, and it’s essential to understand that not all lenders insist on a perfect credit score.
Whether you can gain a mortgage with adverse credit depends on the issues that have occurred; however, there is an increasing number of lenders offering a more sympathetic criteria. We can research niche, exclusive products designed for people who have missed payments or low credit scores.
We specialise in complex cases
Mortgage Store can quickly assess your situation during your initial consultation, recommending the most suitable options, ensuring your application is as strong as possible.
Today, no mortgage is plain sailing, and whilst adverse credit can mean you have more hoops to jump through, it doesn’t necessarily mean you cannot get a mortgage that fits your needs and allows you to fulfil your property goals. To learn more about us and how we can help you, please call us today or request your free initial consultation.