Mortgages Types > Poor or Bad credit (...) > Bad credit mortgage deals

Bad credit mortgage deals

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There are dozens of lenders in the UK with specialist bad credit mortgage deals. No matter what your situation (CCJs, defaults, arrears or even bankruptcy) there is a mortgage deal for you.

First Mortgage scours the whole of the market for the best value bad credit mortgage deals. Totally free and impartial, First Mortgage is the mortgage broker you can bank on.

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What is a bad credit mortgage deal?

Financial problems are becoming more and more common in the UK. Many mortgage lenders will not lend to anyone that has had CCJs, defaults, arrears or bankruptcy, but there are some companies who will. The drawback is that some will charge higher interest rates than normal mortgage deals because you are seen as a higher risk. However, with First Mortgage you can find the best possible deal and minimise the penalty for poor credit history.

Other types of deals...

You can find out more about other types of mortgage through First Mortgage. Even if you have a bad credit history, we may be able to help you arrange one of the following deals:

- Debt consolidation - Help alleviate financial pressures by consolidating your debts

- 100% mortgages - requires no deposit

- Equity release - Use the value of your home to release cash in a lump sum, or instalments

- Self-certification - A different way to arrange a loan if you are unable or unwilling to prove income

- Shared equity - The lender receives a share of the equity and receives a percentage of the on-sale of the house

- Homestake - Communities Scotland scheme to help people on a low income afford a house

- Right to Buy - buy your council home at a discounted price

If you would like further advice, assistance or information about bad credit deals, call us on 0845 603 1525 for a FREE consultation. Our friendly, experienced team are waiting to take your call...



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