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SECURED LOANS

Secured Loans - £10,000 to £1 Million.
CCJ's, Defaults and Mortgage Arrears.
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WHAT WE DO

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

FREQUENTLY ASKED QUESTIONS

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.
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.
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.
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.
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.
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.

Loan Calculator

When thinking about obtaining a loan, using a loan repayment calculator is a good way to get a rough quote that you may be thinking of taking out. Although when using a loan calculator and inputting your loan amount and term time it may not provide you with an exact quote, it will however help you to understand what sort of figures you could be possibly looking at. Using a loan calculator is also useful in the sense that it does affect your credit rating in any way or does not place a mark onto your credit profile.

When inputting your potential loan details into a general loan repayment calculator, it will not necessarily provide you with an accurate personal loan quotation which can be quite confusing. It can also be confusing if you have used a number of different loan calculators inputting the same details but being quoted different rates and amounts. The calculation that the loan calculator generates will be very basic and does not take into consideration your individual circumstances. To obtain a more detailed loan quote suitable for your needs and circumstances rather than using a loan calculator, give us a call or simply complete our enquiry form found on our home page and we will call you.

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