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.
Bad Credit Mortgages in Basildon
Here to Help You Buy a Home
If you have bad credit, it can be all too easy to assume that home ownership isn’t possible for you. Well, we’re here to bust that myth! We are A Little Mortgage Advice, your trusted specialists in bad credit mortgages in Basildon. We have access to a huge pool of lenders and tailor our services to meet the needs of all kinds of clients. With our help, you could be able to finally make your dream of owning your own home a reality.
Here is everything you need to know about getting a bad credit mortgage in Basildon, and how we are poised to help you achieve that.
01268 387898
Your home is at risk if you do not keep up repayments on a mortgage or other loan secured on it
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Get Your Credit Report
Obtaining 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 reporting.
Click the link below to start your 30 day no obligation free trial.
*A Little Mortgage Advice receives a small fee from checkmyfile. 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)
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)
Bankruptcy
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 Advisor
We’re a specialist independent mortgage broker. We work with a network of lenders and search the whole of the market to find you a mortgage product to suit your individual circumstances.
Personalised Service
As a small, independent company, you’ll be speaking directly to a mortgage advisor. We dedicate the same amount of time to each customer, so you can be sure that you’ll be in safe hands.
Five-Star Reviews
Every customer interaction, email and phone call is important to us. We pride ourselves on offering a five-star service at all times.
No Obligation Quote
We offer a free no-obligation quote and helpful advice throughout the process. So, finding out if we’re the right fit for you won’t cost a penny.
What is a Bad Credit Mortgage?
A bad credit mortgage is the same as a regular mortgage but is for those with a poor or limited credit history. When you try to secure a mortgage, a lender will consider you a higher risk than someone who has a good credit score, and the mortgage terms will reflect this. Things that you can expect to see are higher interest rates and a larger upfront deposit. The great news is that lenders are more open-minded than they have ever been, which makes our bad credit mortgage Basildon team ideally placed to secure you a great deal.
What Are the Benefits of Bad Credit Mortgages?
A bad credit mortgage has a wide range of benefits. You will be able to get on the housing ladder now rather than having to wait years for your credit rating to improve, although we recommend doing all that you can to improve it anyway, as that will benefit you in the long term. Paying off your mortgage actually helps you to build a good credit score, so getting on the housing ladder now helps you to kill two birds with one stone.
Why Choose Us?
We’re firm believers in everyone having the chance to buy their own home, whatever their credit rating. We’re a friendly, caring team and we are here to listen to your concerns and put together a plan of action to get you the mortgage you deserve. Once we have enough information from you, we will turn to our pool of all the lenders in the UK to get started. Working with a broker gives you a higher chance of success when applying for mortgages, and we will keep you in the loop at every stage.
Find Out More Today
To find out more about us and why we are the experts in bad credit mortgages Basildon borrowers trust, please get in touch with our team today.
FAQs
Do I need to improve my credit before applying for a mortgage?
It has never been easier to secure a mortgage with bad credit, especially with our expert team on board. However, the more you can improve your credit score, the more options you will have. Here are some steps that you can take:
- Make regular payments on time, no matter how small
- Build your credit history, as no credit is just as bad as poor credit
- Keep your credit utilisation low
- See if your credit report has any errors
- Get a credit builder card
- Keep old accounts open to show a long credit history
- Look into getting an instant score boost
Can you definitely find me a bad credit mortgage in Basildon?
We have direct access to every lender in the UK, and thanks to our years of experience we know what those lenders are looking for from their borrowers. This gives us a great chance of matching you to a mortgage that not only keeps a lender happy but will meet your needs going forward.
We know that choosing to work with a broker is a big step, and that’s why we’re happy to make a promise: if we can’t find a mortgage for you, you won’t pay us a penny. So you have nothing to lose!
Can a bad credit mortgage affect my credit score?
Yes, it can – and in a good way! One of the most effective ways to improve your credit score is to make regular payments on time. Few things fit that bill better than a mortgage. So, as you pay off your bad credit mortgage, you will be taking steps to improve your future prospects by building good credit.
We know how much of a difference regular mortgage payments can make to a credit score, and that’s why we take real care to ensure that our clients only ever sign up for a mortgage that works for them – both now and in the future.