BAD CREDIT MORTGAGES

Just because your credit is bad, doesn’t mean your mortgage has to be.

Adverse credit – also known as bad credit – is where you have a not-so-great history of repaying debt or credit loans. Perhaps you’re guilty of missing bill payments, or making late payments consistently? Maybe you’ve been given county court judgements (CCJs)? Or maybe you have a debt management plan or individual voluntary arrangement (IVA) because you need longer to pay back your debt?

Whatever the reason, a bad credit mortgage allows you to borrow money, providing you pass the mortgage lenders’ credit checks. But how can you get a mortgage with bad credit? Aren’t you seen as higher risk? How does your credit history and credit score come into play? And what interest rates are there on adverse credit mortgages? We can answer all of this and more, ensuring that you get the right mortgage for you.

Ready to talk?

Jargon free Mortgage and Insurance advice? Give us a call today to find out how we can help find your next mortgage. We love to hear from clients old and new. 

Our office hours are:   Mon to Fri 09:00am to 05:00pm    Sat 09:00am to 12:00pm    Sun closed all day

Think carefully about securing other debts against your home. Your home or property may be repossessed if you do not keep up repayments on your mortgage or any other debts secured on it.

Typically, we do not charge a fee for our service in relation to mortgage contracts, but in cases where there is additional complexity and work involved in your case a fee maybe charged. The amount we will charge is dependent on the amount of research and administration that is required. The precise amount will be discussed and confirmed with you in our accompanying fee agreement at our initial consultation.

Some forms of Buy to let Mortgages are not regulated by the Financial Conduct Authority

Maxwell McMahon Limited is an Appointed Representative of The Right Mortgage Limited, which is authorised and regulated by the Financial Conduct Authority.

Maxwell McMahon is registered in England and Wales no: 12100696  Registered Address: 167-169 Great Portland Street, 5th Floor, London, W1W 5PF

The information contained in this website is subject to UK regulatory regime and is therefore intended for consumers based in the UK

 

Privacy Policy