Bad Credit Mortgage?

"If you have bad credit and need a mortgage, get professional advice from our experienced mortgage brokers. Fill in the form below and we will contact 100's of mortgage providers not normally available to the general public to get YOU the best deal..."
<< Helen, Mortgage Consultant

Mortgage Calculator

Your Mortgage Amount
eg. 125000 (no commas)

Term 1 Year 2 Years 3 Years 4 Years 5 Years 6 Years 7 Years 8 Years 9 Years 10 Years 11 Years 12 Years 13 Years 14 Years 15 Years 16 Years 17 Years 18 Years 19 Years 20 Years 21 Years 22 Years 23 Years 24 Years 25 Years 26 Years 27 Years 28 Years 29 Years 30 Years

Interest rate %
(Not the APR) %

 RESULT > Calculate

Monthly Payment (Repayment Mortgage) £

Monthly Payment (Interest Only Mortgage) £

Total amount of interest paid over term £

Total amount paid over term £

 

Submitting Details...

Step 1 of 3

About your mortgage

Are you looking to: How much would you like to borrow? Buy a property Remortgage a property Buy a property to let     How long do you need the mortgage for? 1 year 2 years 3 years 4 years 5 years 6 years 7 years 8 years 9 years 10 years 11 years 12 years 13 years 14 years 15 years 16 years 17 years 18 years 19 years 20 years 21 years 22 years 23 years 24 years 25 years 30 years 40 years 50 years   Proceed to step 2.

Step 2 of 3	About your mortgage
Estimated property value?   Are you a first-time buyer? YesNo   Do you need to self-certify your income? YesNo   Have you: Had a CCJ or Default registered against you? Missed one or more secured loan or mortgage payments in the last 12 months? Been declared bankrupt or had an IVA? Proceed to step 3.

Step 2 of 3	About your mortgage
Estimated property value?   How much would you like to borrow?       Proceed to step 3.

Step 3 of 3

Your details

First name: Last name:     Phone number: Alternate phone number:     E-mail address: Date of birth:   -- 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 -- January February March April May June July August September October November December ---- 1941 1942 1943 1944 1945 1946 1947 1948 1949 1950 1951 1952 1953 1954 1955 1956 1957 1958 1959 1960 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989   First line of current address: Current postcode:     Based on your requirements we have selected the FSA regulated broker Broker Name to help you with your enquiry. Please click SUBMIT to confirm that you are happy for them to contact you by telephone/e-mail.

Finished

Thank you for your enquiry. Your adviser will be in touch with you shortly.

Who Needs A Bad Credit Mortgage?

Credit and debt statistics that were released at the end of 2007 show that more and more people are in debt than ever before. Many of those people are struggling with it too, and this is proving especially problematic when they need credit for a mortgage. Past financial issues and problems can indeed have an impact on individuals’ applications for credit today, but that is why the bad credit mortgage can save the day!

The bad credit mortgage has recently been introduced into the marketplace to offer a solution to the problem of poor credit preventing individuals from obtaining the mortgage they need to be able to buy a home that they want. An application for such a mortgage can be submitted by those with no credit history at all, missed payments, arrears, CCJs, defaults, no proof of income, IVAs, previous bankruptcy petitions and anything else you can think of that can diminish a credit score!

If you do need a mortgage and apply for a specialist one designed for people with bad credit, the chances of you finding the perfect bad credit mortgage for you are extremely high. As with the rest of the mortgage market, you have a whole range of options. The wealth of choice is out there just waiting for you to investigate so you can get on and buy the house of your dreams regardless of your credit status and past money worries! The only requirement is that you can afford your mortgage. If that box is ticked then you are good to go!