Adverse Credit

“Been turned down for a mortgage? Less than perfect credit or Bad Credit?”

Here at Mortgage Base we have access to many lenders who have sympathy for those in awkward situations and will deal with each case individually.

The following illustrates perhaps the most common situations where we’ve been able to help customers obtain a mortgage despite the apparent difficulties:

• Previous bad debt resulting from non payment of a credit agreement resulting in a County Court Judgement (CCJ) or a default (against a loan agreement).
• Separation/divorce where outstanding loans/credit have not been maintained and where one partner wishes to buy out the other or move on.
• Late payments on credit/store cards which result in failing to obtain a new mortgage for a house.
• Association with a family member who has bad credit which makes obtaining a new mortgage very difficult.

These are just typical examples of cases which we handle sympathetically and on an individual basis.

If you are in a position where you have been affected by bad credit and it prevents you getting a high street mortgage then talk to us. Our policy is that if there is a mortgage out there for you we will do whatever we can to find it.

“Best First Policy”

Unlike some adverse mortgage brokers and lenders on the market we always strive to find the best most competitive deal for our clients according to their circumstances. You can be sure that the solution we find for you isn’t just the first deal we find regardless of the rate. For us being independent means using that status to get the most competitive package for you by sourcing for ‘credit repair’ mortgages which bridge a gap until your credit file is back in order so that you can return to competitive high street rates again.

“What do I need to do?”

The first thing we recommend anyone with financial difficulties is to obtain their own ‘credit report’. Basically all the credit you own or have had within the last 6 years is held in the main by two credit agencies – Experian and Equifax. These companies are used by finance companies and lenders to determine the state of an applicants credit history. Some lenders will credit search using one, some the other and in a few cases even both. Select either icon below to access the easy to use websites that will allow you to obtain a credit report now. These can be applied for by telephone, by post or online and should take no longer than a week to arrive. In addition you will normally have to pay a small administration fee of up to £4 for a credit file.

By clicking on the following links you are leaving the Mortgage Base website. Mortgage Base is not responsible for the content of any third party websites.

…and finally

Once you have your credit file then contact us for an appointment and we can then start looking for the right mortgage for you.