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Bad Credit Mortgages

We help clients secure mortgages even with bad credit. Whether it’s defaults, late payments, or CCJs, CMA Mortgage Brokers Ltd are here to assist.

How We Can Help with Bad Credit Mortgages

Struggling with bad credit? We’ve got you covered.

CMA Mortgage Brokers Ltd specialise in assisting clients with adverse credit histories to secure mortgages. Whether you’ve faced County Court Judgements (CCJs), defaults, or late mortgage payments, we can help you explore your options. To qualify, we generally require payments to have been clear for the past six months.

Can You Get a Mortgage with Bad Credit?

Yes, it is possible to get a mortgage, even with a history of bad credit. During the application process, lenders perform a detailed credit check to gauge the risk of lending. Borrowers with bad credit may face higher scrutiny and could be offered terms like higher interest rates, larger deposit requirements, or fixed-rate mortgages.

Not all bad credit issues are weighed equally. For example, a missed utility bill payment is less impactful than a mortgage default or bankruptcy. Many mainstream lenders have strict criteria, but specialty brokers like CMA Mortgage Brokers Ltd can connect you with lenders experienced in helping those with unique financial circumstances.

Life Happens—We Understand

We know that bad credit often stems from unpredictable life events, whether it’s redundancy, or illness, these events can lead to missed payments or financial strain.

At CMA Mortgage Brokers Ltd, we work with lenders who understand these challenges and don’t believe bad credit should define your financial future. Whatever your situation, we’re here to guide you and help you take steps towards mortgage approval.

How CMA Mortgage Brokers Ltd Can Assist You

Here’s what you can expect when you reach out to us about securing a mortgage with bad credit:
1. Initial Consultation: During our first call, we’ll gather details of your credit history and ask for a copy of your credit report from providers like Experian, Equifax, or TransUnion.
2. Personalised Recommendations: With your credit profile and financial details in hand, we’ll advise you on the options available.
3. Tailored Lender Matching: Save time and avoid unnecessary rejections by applying only to suitable lenders. We find the ones most likely to approve your application and negotiate competitive terms.
4. Mortgage Application: Once you’re happy with the options, we’ll assist you in applying for a Decision in Principle (DIP) from your chosen lender.

Using a broker like CMA Mortgage Brokers Ltd ensures a smoother process and better outcomes.

Helping First-Time Buyers and Remortgage Seekers

Whether you’re trying to secure your first home or looking to remortgage, having bad credit doesn’t mean you’re out of options. Our team is skilled in working with first-time buyers and helping homeowners find opportunities to make their property goals a reality.

Start Your Journey Today

At CMA Mortgage Brokers Ltd, we aim to make the home-buying or remortgaging process simple and stress-free, regardless of your credit history. Contact us today to explore how we can help you secure the right mortgage deal for you.

Get in touch with CMA Mortgage Brokers Ltd now and take the first step toward homeownership or remortgaging.

  • Your home may be repossessed if you do not keep up repayments on your mortgage
  • You may have to pay an early repayment charge to your existing lender if you remortgage

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