Mortgage & Loan Specialists

Here is a breakdown of the types of finance we can help clients with:

Mortgages – With whole of the market access we can help clients that want a broker to use their knowledge and experience to source the most suitable mortgage for them.

Specialist Mortgages - If you have had bad credit such as missed payments, defaults, County Court Judgements (CCJ’s), Debt Management Plans, IVA or Bankruptcy, we have specialist lenders who provide bad credit mortgages. If you require a Shared ownership or help to buy mortgage we can certainly help also.

Buy to Let Mortgages - This is a complex area with all the tax changes that have been introduced. We have vast experience in helping clients source a buy to let mortgage in either their personal name or through a Limited Company.

Secured Loans - Sometimes it is better suited to take out a secured loan rather than a remortgage. We have access to a wide range of secured loan lenders and if you have bad credit we can certainly help you.

Bridging Finance - Whether you want to purchase a new home, but cannot sell your property in time or more complex cases such as buying an uninhabitable property and converting it into a HMO - we can help.

Protection - We can discuss your protection needs such as Home Insurance, Life Insurance, Serious Illness cover or Income Protection and provide you with advice to ensure you and your family is protected.

Bad Credit Mortgages - alternatively known as adverse credit mortgages or sub-prime mortgages or bad credit mortgage loans and are specifically for people who have a bad credit rating.

The main difference with this type of mortgage is that interest rates are higher in comparison to standard mortgages. If you have a few missed payments, or had a (CCJ) County Court Judgement or a payment default or you might also be in, or have been in, a Debt Management Plan (DMP). These can result in a bad credit score, limiting your options.

You will probably have to put down a bigger deposit (typically between 15% and 30% of total property value). The reason for these cost differences is customers being considered higher risk by lenders because of their bad credit.

We have access to bad credit mortgage lenders that will consider clients who have had bad credit (see below). Our advisers have worked in the financial services industry for many years and our goal is to build long term relationships with our clients. If you are looking for a transparent broker that would give you good advice, we are the broker for you.

• Missed Payments - On loans, Credit Cards and Mortgages.
• Defaults - Which are registered when you have missed multiple payments.
• CCJ (County Court Judgements) - Where the lender has taken you to court to retrieve their money back.
• IVA (Individual Voluntary Arrangement) and Debt Management Plans.

If you have some form of bad credit it is best to get a copy of your credit report from Experian, Equifax or Check My File this document would show you your credit score which is also an important factor that the lender would take into account. There are many factors that can affect your credit score and by checking your credit score it is one of the best ways in finding out what your financial situation would look like to potential lenders and whether you have bad credit or not.

When applying for a mortgage one thing you should avoid doing is make lots of applications with different brokers or lenders. Every time you make an application you could be leaving a mark on your credit file that other lenders would see and could potentially reduce your chances of getting approval

There are ways to improve your credit score (below some examples)

1. Make sure you pay your bills on time as agreed. (lenders are interested in past payment performance)
2. Pay off debt and keep balances low on credit cards.
3. Don't Apply for Too Much New Credit, Making Multiple Inquiries.
4. Check your credit report for any inaccuracies if you have incorrect information on your credit report this could lower your credit score.