Bad Credit Mortgages

Helping You Get on the Property Ladder Despite a Poor Credit History.

Life has its financial ups and downs and these can sometimes impact your ability to secure a mortgage. If you’ve struggled with missed payments, County Court Judgments (CCJs), or other credit issues in the past, getting a mortgage might seem challenging—but it’s not impossible.

We have an in-depth knowledge of bad credit mortgages, and offer expert advice and access to lenders who are willing to consider applicants with less-than-perfect credit. Your past doesn’t have to prevent you from achieving your homeownership dreams, and we’re here to help you every step of the way.

What is a Bad Credit Mortgage?

A bad credit mortgage, also referred to as an adverse credit mortgage or subprime mortgage, is specifically designed for those who have had financial difficulties that negatively impacted their credit score. These mortgages are offered by specialist lenders, and while they typically come with higher interest rates, they can provide a vital route to homeownership when traditional high-street banks may have turned you down.

Why Might You Have a Poor Credit Rating?

There are many reasons why your credit score might be low or your credit history less than ideal. Common causes include:

  • Missed or late payments on loans, credit cards, or bills
  • Defaults on loans or credit agreements
  • County Court Judgments (CCJs) or bankruptcy filings
  • Debt management plans or Individual Voluntary Arrangements (IVAs)
  • High credit utilisation (using a large portion of your available credit)
  • Lack of credit history (having little or no credit record can also be a negative factor)

Can You Get a Mortgage with Bad Credit in the UK?

Can You Get a Mortgage with Bad Credit in the UK?

Yes, it’s possible. While high street banks may be hesitant to approve mortgage applications from people with adverse credit, there are specialist lenders in the UK mortgage market, who focus on helping those in your position. These lenders often take a more flexible approach, considering factors such as:

  • Your current financial situation and whether it has improved
  • The size of your deposit (having a larger deposit can improve your chances)
  • Your employment status and income stability
  • How recent your credit issues occurred (older issues may be viewed more leniently)

At Chris Hazell Mortgages, we work with a wide range of lenders, including those specialising in bad credit mortgages, to help you find the right deal for your circumstances.

How can we help?

Securing a mortgage with bad credit can be complicated, but that’s where we come in. Our expertise and knowledge of bad credit mortgages mean we can help you navigate the process with confidence. We offer:

  • Personalised mortgage advice tailored to your financial situation
  • Access to specialist lenders who are open to applicants with bad credit
  • Advice on how to improve your credit score over time to secure better mortgage deals in the future
  • Support from start to finish, ensuring the mortgage application process is as smooth and stress-free as possible

Improving Your Credit Score for the Future

While we can help you find a bad credit mortgage, there are steps you can take to improve your credit rating and potentially qualify for better deals down the line. Here are some tips:

  1. Check your credit report for errors or outdated information and correct any inaccuracies.
  2. Pay off existing debts or make a plan to reduce your debt burden.
  3. Avoid applying for new credit in the lead-up to your mortgage application, as multiple credit checks can lower your score.
  4. Reduce your credit utilisation—try to use no more than 30% of your available credit.
  5. Set up direct debits for bills and payments to avoid missing any future payments.

 

Get Expert Advice Today

If you’re concerned about your credit history and how it might impact your ability to get a mortgage, we’re here to help. We have extensive experience working with clients who have bad credit and understand how to secure the right deal for clients.

Contact Chris Hazell Mortgages today for a free, no-obligation consultation. We’ll help you find a way forward, whether you’re a first-time buyer or looking to remortgage, and turn your dream of homeownership into reality.

*Your property may be repossessed if you do not keep up repayments on your mortgage. Click here to see how can I help you.

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My Expertise

With nearly a decade in the property industry, I’m passionate about making your dream home become a reality. 

As a dedicated expert, I navigate the complexities of property buying, ensuring a stress-free experience and treating you with utmost integrity.

01. Experience

You will get friendly expert mortgage advice from Stratford’s Number 1 mortgage adviser

02. Efficiency

I will save you time and stress with my clear and simplistic approach

03. Peace of Mind

You will secure the right mortgage for your circumstances

What People Say About Me

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Angus & Jess

“Chris has handled my mortgages on my personal properties and buy to let properties over many years and has provided excellent advice and achieved great results for me each time.”

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Call Me

07715 628 271

Email Me

chris@chrishazellmortgages.co.uk