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Secured Loans - £10,000 to £1 Million.
CCJ's, Defaults and Mortgage Arrears.
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We Gather Information Required to Search the Market

We gather some basic information about you using our quick online form

Conduct a Whole of the Market Comparision

We will search 100’s of providers to find you the lenders who are willing to approve your mortgage

Provide full service through to completion

We will show you rates along with the monthly repayments. This will not affect your credit score. We’ll also explain any fees if you progress at this point and as long as you are happy to proceed, provide you with the full service through to completion of your mortgage being accepted

Customer Reviews


How we work?
By making an enquiry we will contact you to discuss your needs and outline if we can be of assistance. We will then request a copy of your credit file for a qualified adviser to review. After a full review of your credit profile the adviser will discuss this with you, provide advice and discuss possible quotations.

If you wish us to proceed and get a ‘Decision in Principle’ we can do so. Once we have a decision from the lender we will discuss and email you a formal quotation and outline our process going forward.
What sort of bad credit do you accept?
We have lenders that will accept clients who have had County Court Judgements (CCJ’s), Defaults, Missed payments, Debt Management Plans (DMP), Individual Voluntary Arrangements (IVA) and discharged bankruptcy. The general rule is that any bad credit needs to be registered over a year ago.
Do I need a deposit / equity?
Yes. You will need a minimum of a 10% deposit however, this is does depend on the level of bad credit that you have, so for example, if you have had CCJ’s/mortgage arrears in the last 2 years you may need to have 15%+ deposit. If you are buying a property through a shared ownership scheme we have lenders that do not require you to have a deposit. If you are buying a property through the Help to Buy scheme we have lenders that can help you providing you have a 5% deposit to put down.
How long does a bad credit mortgage take to arrange?
Once a Decision in Principle (DIP) has been done the typical arrangement times from mortgage application to offer is 1 month. Specialist bad credit mortgages do take more time when compared to standard high street mortgages, due to the extra due diligence that is required on these cases.
I have a low credit score – does that matter?
No. We have lenders some of whom are high street Building Societies that will lend to you if you simply have a low credit score, due to not being on the voters roll or not having much active credit. If you have a low credit score as a result of bad credit (CCJ’s/defaults/missed payments etc) we certainly have specialist lenders that can help.
I have been declined by other brokers – can you help?
The key to this question is why you were declined. We provide an advised service, so if we cannot help you now, we will explain why and provide advice as to what you need to do to be able to get a mortgage in the future.

Cheap Loans for Bad Credit

Searching for a cheap loan or one of the cheapest loans online can be quite a daunting process considering how many lenders there currently are on the market offering cheap loans. It could also take hours or even days of comparing cheap loans online to find the most suitable loan for you.

The Money Hub can assist you in finding a cheap loan that is suited to your personal situation. The rate of interest that you might be offered will depend on such factors such as your credit history, the better your credit history the more likely you are in getting one of the cheapest loan rates. If you have a poor credit rating, do not worry we will do our best to help you find a good deal.

The Money Hub can help both homeowners and tenants from £1,000 up to £500,000 and you can arrange a loan repayment term between 12 months and 25 years.

If you own your home and are thinking about taking out a cheap homeowner loan, this is a great way of raising money by releasing equity in your property for various reasons. Cheap loans are also an excellent choice if you are thinking about making some improvements to your home and need a bit of extra cash to create the home you have always wanted!

There are many reasons as to why you may be thinking out taking out a cheap loan, here are some examples:

  • Home Improvement Loan - New Kitchen / Bathroom / Extension / Loft Conversion / General Improvements.
  • Family Holiday / Round-the-World Trip / Gap Year Travelling.
  • Debt Consolidation - Combining some or all of your outstanding debts into one affordable monthly payment.
  • Loan for your business - New company start up or maybe you are looking to expand your existing business.
  • New Car.

You must never forget that obtaining a cheap loan or any form of loan, is a very important decision that requires lengthy consideration. There may be some questions that you might like to ask your advisor when applying for your cheap loan. Some of these may include:

  • Will I have to pay a fee for applying for my cheap loan?
  • I have been declined previously; will I be able to re-apply?
  • Am I able to postpone my monthly repayments on my cheap loan for a month or perhaps two?
  • If I were to enter into any sort of financial difficulty what would happen if I missed a few payments?



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