Bad Credit Mortgages

Get A Mortgage With Bad Credit In Essex

Experts In Getting Mortgages For People With Bad Credit

With our experience and knowledge, you have the best chance of getting the mortgage you need , even if you have been turned down elsewhere.
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Bad Credit Mortgages

We have direct access to lenders who accept every aspect of bad credit, missed and late payments, defaults, ccj’s, arrears, IVA and Bankruptcy.

Are you looking for a mortgage with bad credit?
Stop searching and get in touch because this is what we specialise in!

We are experienced bad credit mortgage brokers with a wealth of knowledge in adverse lending, we have direct access to every lender in the United Kingdom, including all sub prime and adverse lenders and speak with their underwriters regularly to get your mortgage accepted even if you have been turned down elsewhere.

We know our stuff and it wont cost you a penny if we cant help you.

Same day decision in principle available for urgent cases.

Our specialist mortgage advisors can help.

01268 387898

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Get a credit report to help give you the best chance of getting the right mortgage.
At A Little Mortgage Advice we recommend checkmyfile because of their reliability and accuracy of reports.

Click the link below to start your 30 day no obligation free trial.

*Monthly fee of £14.99 applies after your free 30-day trial. You may cancel at any time without charge by Freephone, Secure Message, email or online. The free 30-day trial applies only to new customers aged 18 years or more who are living in the UK. The 30-day free trial period starts when you register.

Bad Credit

County Court Judgements (CCJs)
Missed/Late Payments
Debt Management Plan (DMP)
Too many hard searches 
Excessive borrowing/large amount of debt
An Individual Voluntary Arrangement (IVA)
Debt Relief Order (DRO)

If you answer yes to any of the above you may think that it is not possible to be accepted on a mortgage application.

But with A Little Mortgage Advice we can help find you a mortgage to fit your circumstances.

How We Can Help

As a specialist independent mortgage advisor we work with lenders who specialise in bad credit mortgages.

There are a wide range of specialist lenders with specific eligibility criteria who may suit your circumstances.

Our team at A Little Mortgage Advice will discuss your situation and advise you on the best solution for you to proceed with a mortgage.

Why Choose A Little Mortgage Advice?

Specialist Advisors

We are specialist independent advisors. This means that we work with all lenders and search the whole market to find you the correct mortgage product.

Personalised Service

As a small independent company you will be speaking directly to a mortgage advisor. We dedicate the same time to every client.

5 Star Reviews

Every client and phone call is important to us. We pride ourselves on offering a 5 star service every-time.

No Obligation Quote

We offer a free no obligation quote and great advice throughout.

What is bad credit?

Bad credit is when your credit report indicates that you have not handled your finances in an ideal manner. Banks and other lenders use your credit report as a measure of your creditworthiness, and it will include information such as your address history, aliases, date of birth, and any debt you may have like loans, credit cards, store cards, utility bills, and overdrafts.

Bad credit can include;

  • County Court Judgements (CCJs)
  • Defaults
  • Missed/Late Payments
  • Debt Management Plan (DMP)
  • Too many hard searches 
  • Excessive borrowing/large amount of debt
  • An Individual Voluntary Arrangement (IVA)
  • Debt Relief Order (DRO)

Can I still get a mortgage with bad credit?

It is possible to obtain a mortgage even if you have a poor credit score. The amount of the deposit you have and the severity of the bad credit will be taken into consideration. We can quickly determine if we can help you once we have access to your credit report. If not, our service offers a comprehensive review of your credit file where we will tell you what you need to do and when you will be able to get a mortgage – and this will not cost you anything.

Why use a specialist bad credit mortgage broker?

Using a specialist bad credit mortgage broker can be extremely beneficial for people with poor credit. As there are a variety of subprime and adverse lenders that offer mortgages for those with bad credit, having a broker that is knowledgeable in the field is extremely important. A broker will be able to use their experience and resources to find the lender that is most likely to accept your mortgage. Specialists will also be able to negotiate with underwriters, answering any questions and providing explanations for credit issues. Experience is key here, as each lender has different criteria and can make exceptions depending on the circumstances.

Lenders will look at your history to see if you can afford a mortgage and if you will pay it on time.  If you have previously had issues paying your bills, some lenders may be put off by this, it can affect who will accept your mortgage application, but it doesn’t mean it won’t be accepted. 

How do Mortgage Lenders view bad credit?

When considering potential borrowers, mortgage lenders will review their financial history to determine if they are capable of taking on a mortgage and if they will make payments on time. A person’s past difficulties in paying off their debts may put some lenders off, but this doesn’t necessarily mean their mortgage application will be rejected.

How to improve your chances of getting a mortgage 

There isn’t anything instant that will improve your credit score, however there are things you can do in preparation for a mortgage application.  

  • Pay your bills on time
  • Register on the electoral role to vote
  • Pay off as much debt as you can
  • Do not take out credit cards to improve your credit score
  • Get as much deposit as you can
  • Avoid lots of mortgage applications

Having good bank statements is crucial when applying for a mortgage, especially for those with poor credit. Most sub prime and adverse lenders will need to review your statements to verify good banking conduct, but there are a few that don’t require it. To make sure you have the best chance at getting a mortgage, make sure you have clean bank statements that show you have been responsible with your finances.

Mortgage lenders check your statements for the following.

  • That your wages into your account match your payslips
  • You don’t have returned direct debits
  • Excessive gambling, the odd small flutter is ok
  • Benefits, child benefit, universal credits etc.
  • Maintenance into your account 
  • Maintenance out to an ex partner 
  • Overdraft usage, this is ok within the limit, not ideal
  • Rent or mortgage payments
  • Regular saving

A Little Mortgage Advice specialise in getting mortgages for people with bad credit we take away the “what if’s”.

If you’re feeling stressed about whether you’ll be approved for a mortgage, we’re here to help. Don’t worry about being judged or not getting the loan you need – our experience and expertise will give you the best chance of success. When you get in touch with us, you’ll feel reassured knowing that our team of friendly experts has seen it all before and is here to provide the best advice for everyone, no matter their credit history.

The Benefits of Working with a Mortgage Broker for Bad Credit Applicants