Bad Credit Mortgages
Do you have bad credit or have you been refused a mortgage elsewhere? We can help with bad credit mortgages.
In recent times more people than ever have found themselves in a situation that results in an impaired credit rating. This is completely understandable, and by no means makes homeownership impossible. However, there are fewer options available for “sub-prime”, “non-conforming”, or “bad credit” mortgages in today’s marketplace. It’s now even more difficult for consumers to find the right advice about bad credit mortgages.
At Expert Financial we keep ourselves up to date with all the latest mortgage lenders’ criteria so we can advise all our clients on their mortgage requirements whatever the circumstances.
Bad credit does not have to mean that you can cannot find a mortgage that works for you. There are plenty of cases where people with poor credit rankings have obtained mortgages. You would not give up on getting a mortgage just because of a poor credit ranking.
At Expert Financial, we work with all types of credit ratings to help find a mortgage that works for our clients.
We can also help advise you on how to build your credit rating in order to get a better mortgage deal. Building credit is just one way that you can afford a mortgage.
If you have a bad credit rating and want to speak to a mortgage broker who will understand your dilemma, call Expert Financial to help you best analyse your current financial situation. We can help find possible mortgage solutions specific to your needs.
Purchasing with Shared Ownership?
Expert Financial’s automated Shared Ownership Affordability Calculator allows you to check the maximum potential share of a property you would be eligible to buy without needing to speak to us first.
Remortgaging your home: What you need to know and what to look out for
Many homeowners sometimes decide to remortgage their home at some point during their mortgage. This is typically done to get a better deal than the one you are currently in. Remortgaging your home can help you save money in the long run. You may also choose to remortgage to release equity and free up cash. […]
Stamp Duty Holiday sparked a sharp increase in home viewings after lockdown
In the past few months the housing market has seen home viewings rise substantially following the stamp duty holiday announced by the Government back in July, according to data from property group Andrews. Viewings were up 29% compared to the prior months after lockdown restrictions eased, with viewings up 45% as buyers took advantage of […]
Homeowner arrears continue to fall yearly, whilst Buy-to-let arrears rise marginally
According to data released from the trade body, there were 73,580 homeowner mortgages in arrears in the second quarter of 2020, down by 3% on the same quarter last year. However, when compared to last year, there was a small increase in levels among buy-to-let landlords. It was reported by UK Finance that there were […]
Home sales rise in The UK, with more buyers opting for houses over flats
Home sales continue to rise in the UK. This comes as great news for prospective mortgage borrowers. This trend expects to see mortgage rates remain low as the housing market begins to get back on its feet. There has been a slight boom since the market reopened in different parts of the UK. Sales were […]