Our Comprehensive Range Of Bad Credit Mortgage Services
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Reasons to Choose Simply Adverse for your Bad Credit Mortgage
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Poor credit mortgage specialists. Finding bad credit mortgage deals for people like you is all we do |
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Nothing to pay until your bad credit mortgage is agreed. There are no upfront fees with Simply Adverse |
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Find an adverse credit mortgage from across the market. We’re whole-of market brokers; giving you more choice |
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Excellent reviews from real customers. Our 5-star reviews are independently verified |
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Bespoke mortgage advice; making applying for a mortgage a breeze |
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Broker-only mortgage deals available. We can find you the deals you can’t find yourself |
Mortgages for Bad Credit UK: What They Are & How We Can Help
If you’re thinking of buying your first home or moving house, you’ll want to start looking for a mortgage. However, if you’ve had problems with bad credit in the past you may be rightly concerned about your chances of finding an affordable mortgage deal.
When you apply for any mortgage your application will be rigorously checked by your chosen lender. These checks include looking at your outgoings and income, checking out your deposit and examining your credit history. For anyone who has problems with credit in the past, a poor credit report could mean they find it harder to find a lender who will approve their application. Even if you can find a lender bad credit mortgage rates are generally higher than standard mortgages, and you may find the options unaffordable.
That’s where Simply Adverse comes in. We have years of experience of securing mortgages for mortgage applicants with a bad credit history. We know how to find the best mortgage lenders for bad credit, and which of those adverse credit mortgage lenders would be the most appropriate for your circumstances.
Read Our Latest Bad Credit Mortgage Reviews…
Call 01245 330163 For A Free Quote
Lines Open: Mon-Fri 9am-10pm and Sat/Sun 9am-5pm. Alternatively request a call back at a time convenient to you.
It’s quick & easy. No credit check.
What Are The Main Causes Of A Poor Credit Rating?
If you’ve got a bad credit score, a mortgage can be harder to find, but what are the types of activity that can cause your credit score to be negatively impacted? Generally it is the type of activity that suggests to a lender that you may have had difficulty managing your finances, or anything that makes it more difficult for lenders to check your identity or your previous credit activity.
These can include:
- No Credit History
- Bankruptcy
- CCJs (County Court Judgements)
- IVAs (Individual Voluntary Arrangements)
- Missed Payments and Payment Defaults
- High Volume of Credit Applications
- Debt Management Plans
- Not Being on the Electoral Roll
- Payday Loans
- Incorrect Address Listed on Credit Report
- Inaccurate associations with other individuals on Credit Reports
- High utilisation of credit facilities
- Poor bank account conduct
Can I Get A Mortgage With Bad Credit?
If you have bad credit, then you’re not alone, but there is still hope of successfully applying for a mortgage.
At Simply Adverse, we’ll be at your side every step of the way. We provide advice when you need it, can achieve highly competitive rates and offer an unrivalled service for adverse credit mortgages.
We’ve helped countless people in the UK achieve first time buyer mortgages or a second mortgage with bad credit, as well as assisting those who are searching for a remortgage with bad credit. As whole of market brokers, with access to niche lenders, we have become the trusted go-to brokers for adverse credit mortgages in the UK.
What Adverse Credit History Is Acceptable For A Mortgage?
Every mortgage lender is different and understanding the criteria for each one is one of the ways that a specialist bad credit mortgage broker. The team at Simply Adverse works with these bad credit lenders every day, giving us an insight on whether they are likely to approve your application, whether you’ve just missed a loan repayment or are looking for a bankruptcy mortgage.
Knowing the best lender to apply to reduces the risk of you having to make multiple mortgage applications, which can in turn damage your credit score.
We’re also not limited to using high street lenders. We have access to multiple lenders, including those that offer broker-only mortgages, and those that are more sympathetic to mortgage applicants with a poor credit history. If you’re concerned by your adverse credit history, if you’ve wondered ‘can you get a mortgage with a CCJ’ or are searching for a DMP mortgage, then give our specialist bad credit mortgage brokers a call.
How Do I Get A Mortgage With Poor Credit Rating?
Getting a mortgage with bad credit may seem like an uphill battle where everyone is working against you, but at Simply Adverse, we’re always working with you. Rather than search online for ‘can I get a mortgage with bad credit’, allow us to step in and take care of the process for you.
With years of experience in adverse credit mortgages, we’re an unrivalled national service that is on hand 7 days a week to source adverse credit score mortgages and support you throughout the process of obtaining a mortgage with bad credit history. You can call one of our advisors on 01245 904261 during our office hours of Mon-Fri 09:00-22:00 and Saturday/Sunday 09:00-20:00.
Got Mortgage Questions?
If you’re not sure whether you are ready to speak to a mortgage broker yet, log onto our forum and take the first steps towards reaching your property goal.
How Do I Know If I Have A Poor Credit Rating?
Checking your credit score may seem like a daunting prospect, but with the option of a mortgage for a poor credit score on the table, it’s good to know exactly where you stand before you start applying. It’s often the case that credit ratings aren’t as bad as you might think, as many factors are considered when calculating the score.
How to Check
Checking your credit score is incredibly easy when you use a reference agency. Sites like Experian, TransUnion, and Equifax all provide checking services for credit ratings that will give you a unique score based on your credit history.
You can check your score for Free using our partners CheckMyFile (30-day free trial, £14.99 a month thereafter, cancel any time)
How to Get Your Credit Report
Based on your information, the credit reference agencies will compile a score, which will be different depending on the agency that you choose. This should be used as an overall guideline to your credit rating, as the checks involved in mortgage applications are often slightly different. Your specific credit details are more important than an agency interpretation of your score. Discover more about understanding your credit report and credit score.
If You Have Bad Credit Don’t Make Multiple Searches, Talk to the Expert Bad Credit Mortgage Brokers
It’s important that you react quickly to a poor rating, rather than searching again and again. The experts at Simply Adverse are always available to advise you and support you if you have a bad credit rating. We’ve even put together some advice about how to improve your credit rating.
Take Our Quiz to Check Your Adverse Credit Mortgage Suitability
If you would like to know more about your suitability for a mortgage with bad credit score, then you can use our excellent online quiz. This bad credit mortgage calculator will provide you with an overview of how likely you are to get an adverse credit mortgage.
Call 01245 330163 For A Free Quote
Lines Open: Mon-Fri 9am-10pm and Sat/Sun 9am-5pm. Alternatively request a call back at a time convenient to you.
It’s quick & easy. No credit check.
Which adverse credit lenders do Simply Adverse work with?
Are you looking for a list of bad credit mortgage lenders UK? Simply Adverse with some of the most respected companies in the country, providing bad credit mortgage lenders to applicants like you.
Bad Credit Mortgage Interest Rates
Simply Adverse has taken a look at the mortgage market and pulled together some examples of the current deals available from a range of bad credit mortgage lenders. These are representative figures and the actual bad credit mortgage interest rates will depend on your individual circumstances, but they will give you an idea of what is available for comparison.
Factors that can affect which bad credit mortgage you may be accepted for include the size of your deposit, the type of adverse credit you have and how much adverse credit you have.
Our table shows deals from a range of the best mortgage lenders for bad credit including high street lenders, specialist lenders and adverse specialist lenders. We’ve also indicated which deals may be more suitable for applicants with low, medium or high levels of adverse credit. You can find out more under each product.