Bad credit mortgage advice
It can be upsetting if you have found a dream property but feel that you will not be able to get a mortgage due to bad credit. Fortunately though, there is hope! Our mortgage brokers in Wolverhampton have dealt with hundreds of mortgages where someone may have debts or a poor credit rating.
If you have any of the following then it is still worth asking us if we can help you.
- No credit history
- Low credit score
- Late or missed payments
- Missed mortgage payments
- Debt management schemes
- Payday Loans
Searching high street banks to find a lender who will accept you may be tricky. Our brokers have years of experience in knowing which lenders may be able to help – and they may have access to some that aren’t readily available to the public.
When talking to us we would advise for you to gain a free credit report from a company such as Experian or Clear Score. Once we find the cause of your bad credit then we can potentially find a lender to suit.
We’ll then look at other details such as your annual income and monthly outgoings and find out how much you could potentially borrow. If you are accepted with an Agreement in Principle then you are half way there to acceptance!
Whilst we cannot guarantee that we’ll get you a mortgage offer, we’ll do our very best!
Get advice now
Talk to us today to ask any questions and find one of the best mortgage deals through our brokers. You can talk to us over the phone or we can come and visit you at home or at work. Visit our contact page to book an appointment or use the form below. We have an advisor in Wolverhampton, Coventry, Birmingham and other West Midlands cities. We’re here to help you in any way we can.