Take our BTL Online Quiz now to find out if you’re likely to be able to get a buy to let mortgage with bad credit. There’s no credit check & it only takes a couple of minutes.
Getting bad credit buy to let (BTL) mortgages on the high street can be next to impossible, but that doesn’t mean that there is no way to secure a BTL bad credit mortgage. If you’re looking to buy a property to let for the first time, remortgage a buy to let with bad credit, or make a new investment, then a bad credit history doesn’t always have to stand in the way.
Found the perfect buy to let property? Need a BTL remortgage? Simply Adverse has access to the best niche specialist lenders in the UK, as well as high street lenders, so don’t hesitate to call us today for impartial advice and a free assessment of your situation!
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Simply Adverse aren’t a buy to let mortgage broker who handles some bad credit cases. We are a specialist bad credit mortgage broker that brinks that expertise to securing buy to let mortgages
We understand how stressful trying to arrange a mortgage is with a poor credit score, so we do everything possible to keep things simple. With glowing reviews, access to exclusive rates, and experience in all areas of bad credit buy to let mortgages, we’re the service you need for fast advice and exceptional results.
Many credit reports give you a numerical value that summarises your credit history, which is based on numerous factors mostly relating to your past and current credit responsibilities. A bad credit history, or low credit score, means that you have a record of failing to manage credit effectively, shown by instances like missed payments, defaults, CCJ’s (County Court Judgements), or IVA’s (Individual Voluntary Arrangements) / bankruptcy.
Having a bad credit rating doesn’t instantly disqualify you from obtaining a buy to let mortgage, but without the help of a specialist bad credit mortgage broker, your options could be extremely limited.
For the best idea of your buy to let mortgage eligibility, knowing your credit profile or information is essential. If you’ve never checked your credit before, here’s how you can do it with ease:
Make searching for a mortgage easier with help from our professional team, you can call us 7 days a week to begin your search for the best buy to let mortgage deals.
Obtaining a buy to let mortgage with bad credit can be much more difficult than obtaining other types of mortgage with bad credit, as a buy to let mortgage is riskier for lenders; you’ll normally need a higher deposit and the affordability test for the mortgage will be different. However, when you use a bad credit mortgage broker, you’ll most likely be accepted for a buy to let mortgage.
Whilst your adverse credit history will work against you, it can be possible to obtain a buy to let mortgage with all types of adverse credit – the longer the period that has passed between the adverse credit incident, the better.
Simply Adverse can advise you on buy to let bad credit mortgages whether your bad credit is due to a missed payment or past experience with bankruptcy or CCJs.
Whether you’re new to buy to let or an experienced landlord, understanding your eligibility for a buy to let mortgage with bad credit can be difficult. Here are the answers to three FAQs about buy to let mortgages:
Have more questions about buy to let with bad credit? With no up-front fees, you can contact us to discuss your concerns about getting a mortgage with bad credit.
Simply Adverse has a long history of excellent results, with hundreds of glowing reviews a testament to our comprehensive service. Here’s an insight into the service that you can expect from us:
With our team of expert advisers, specialist pre-underwriters, and case managers, we can take care of all the heavy lifting when it comes to arranging a mortgage. We provide quick advice, source competitive rates, and make every process simpler.
With no panel of lender restrictions, we can cover the whole market to find buy to let mortgage bad credit history lenders who offer the best deals and exclusive rates, as well as high street lenders.
Simply Adverse provides a 7-day a week service that covers free assessments and advice with no upfront fees. Our fees only come into the equation when you have a formal offer with commitment to lend from the bank.
Tired of the worry that comes attached to buy to let mortgage bad credit history? Take our eligibility quiz to learn more about your suitability for a buy to let bad credit mortgage.
With an unrivalled service, tested process, and guaranteed whole market coverage, you can rely on Simply Adverse to provide first class support when helping you to find a mortgage.
When searching for buy to let mortgage bad credit lenders, a whole market search is essential. We can provide you with access to every deal on the market, and exclusive deals, from lenders such as:
Buy to let mortgage bad credit options can be very limited, with lenders being much stricter about who they accept for the riskier mortgage type. The excellent service and process that Simply Adverse offer can help you to find lenders even when you’ve had no luck on the high street.
A bad credit rating doesn’t have to mean the end of your buy to let dreams, just call us today and we’ll provide the support you need to secure a mortgage from bad credit friendly lenders.
Disclaimer
All content on the Simply Adverse website is believed to be accurate at the time of publication. However, this is a fast-moving sector and lender criteria and policies change regularly. For this reason, we always recommend that you speak to one of our brokers for the most up to date information.
Articles can only ever provide general information and do not constitute financial advice. Our mortgage brokers are fully regulated by the Financial Conduct Authority, and it is only by speaking to them that you will receive advice and information tailored to your individual circumstances. Your home may be repossessed if you do not keep up with repayments on your mortgage.
You should always think carefully, and seek professional advice, before securing other debts against your home or releasing equity from your home.
Complaints
In the event of a complaint, please contact Simply Lending Solutions Limited who are our Principal firm and are therefore responsible for investigating any complaints made against us. They can be contacted either in writing, by email or by phone. For contact details and to read the complaints procedure, click here.
