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Your home may be repossessed if you do not keep up repayments on your mortgage.

Mortgage Advice Loughborough > Mortgage Advisor For Bad Credit

Mortgage Advisor for Bad Credit

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If you have bad credit and looking for mortgage advice from trusted mortgage advisors then look no further. Our mortgage advisors can provide the following:

  • Actionable tips to improve your credit score
  • Boost your chances of getting on the property ladder
  • Professional and personable service that works around your schedule
  • Expert mortgage and financial advice that gets results

What Can A Mortgage Advisor For Bad Credit Do?

Essentially, a mortgage advisor can review your credit profile and look at suitable ways you can improve your score to ultimately improve how lenders see you. There are a number of issues a bad credit mortgage advisor can advise you on, including:

  • Bad credit scores
  • County court judgments (CCJs)
  • Defaults
  • Mortgage Arrears
  • Missed Payments

They can also look at alternative mortgage options with lower repayments which could help you get on the property ladder or allow you to keep your current property.

Impact of covid-19 on credit scores

There’s no doubt that covid-19 has had a crippling effect on some people’s finances.

Whether you’ve lost your job, are finding work more difficult to come by, or have been put on furlough – all of these have significantly impacted people’s ability to earn a sufficient wage. While there have been plenty of government-backed schemes to lessen the impact, including mortgage payment holidays, there are still many that have fallen through the cracks and are facing a less than favourable credit rating.

If your credit score has taken a hit and you’re worried how this will affect your chances of securing a loan or your mortgage holiday has come to an end and you’re struggling to keep up with your repayments, a mortgage advisor for bad credit can offer actionable advice to help get you back on track.

FAQs

Are there mortgage brokers who specialise in bad credit?

While there are specialist mortgage brokers who have a wealth of knowledge and experience on how to handle bad credit, many broker firms also offer a wide range of other mortgage-related services and advice.

How to find a bad credit mortgage broker?

There are many bad credit mortgage brokers around the UK. You can search online in your local area or choose a respected broker that operates nationwide. Checking for accreditations and client reviews and ratings can help you choose a quality broker that offers a great service.

Can a broker help me if I have bad credit and no deposit?

Whatever your financial situation and credit rating, securing a 100% mortgage with no deposit is difficult. A no deposit mortgage is difficult to come by even if you have an excellent credit history. Usually the minimum deposit value of a property is 5%. In other words, it’s highly unlikely for someone to get a no deposit mortgage with bad credit.

If you already have a no deposit mortgage and your credit score has plummeted for one reason or another, a bad credit mortgage advisor can help.

Why Choose Us

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Loughborough
Mortgage Advice

Your mortgage is probably the largest financial transaction you are likely to make. As mortgage brokers Loughborough, we will guide you and ensure you select the product suited perfectly to your circumstances.
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12 Years of
Experience

Gary Fowkes comes with over 12 years of mortgage advice and protection experience, meaning you will be in good hands throughout the entire process and get the tailored advice you need, when you need it, from an expert.

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Free No
Obligation Quotes

We offer no obligation mortgage quotes. Give us a call or complete the call back form and one of our team will call back shortly. For the most suitable mortgage quote, we would need discuss your circumstances in more detail.

Request a call back?

Would you like to discuss a property purchase and mortgage for that property.

Have any questions and want general mortgage advice or guidance on mortgage protection?

Please complete the form and a mortgage advisor in Loughborough will contact you as soon as possible.



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Your home may be repossessed if you do not keep up repayments on your home.

We do not charge for the initial consultation but there may be an administration fee payable when an application is submitted, this fee is usually £499 and we are also paid commission from the lender.