It is estimated that a quarter of the UK population experience problems when applying for mortgages because of bad credit.

These days, however, there are many different bad credit mortgage products available that are designed to help people with adverse credit get a foot on the property ladder.

When buying a property, adverse credit mortgages can often provide finance in problem situations where traditional lenders cannot help. Bad credit remortgages are also available for existing home owners.

The term “bad credit” refers to a situation in which an individual’s credit history is imperfect. This can result from a variety of situations, including:

• CCJs
• Defaults
• Arrears
• Bankruptcy
• IVAs

Because the bad credit mortgage market is so competitive there are many different products available to suit a variety of situations.

We can save you the time and hassle of finding the right mortgage advisor to assist you. Whether you are buying a property or looking to remortgage your home, submit your details today.