Mortgage Broker

Poor Credit Mortgage

Poor credit doesn’t necessarily mean no mortgage

Poor Credit doesn’t necessarily mean no mortgage!

You may think that if you have a poor credit score then you will never be able to get a mortgage, however there are plenty of options available if you have encountered financial difficulty in the past.

All may not be lost!

There are specialist lenders who are willing to be more flexible with their criteria and will consider people who have had arrears, defaults, CCJs (county court judgements), IVA’s (individual voluntary arrangements), have been on debt management plans or have encountered bankruptcy in the past 6 years.

Although this does mean that lenders may consider you a ‘higher risk’, so you could possibly need to pay a slightly higher interest rate.

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Get back on track!

If, however, you take positive steps to try to improve your credit rating, as well as keep up to date with your repayments over the coming months/years, then this will benefit you by showing lenders that you are more reliable and possibly a ‘lower risk’ than before.

This means that you could find yourself in a much more favourable position, resulting in access to lower rates and better deals when it comes to remortgaging.

It is always worth asking our team if you are eligible for one of these mortgages, and if they don’t suit you right now, we can help you put together a plan so that in the future we may be able to help.

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How can Tipping & Webb help?

Well, we are specialists in what we do, and we make sure that we take adequate time to get to know you and your circumstances, not only does this allow us to understand your current situation so that we know when and how the best way to communicate with you, but it also allows us to do what we do best and find the right deals to suit you.

Being a mortgage broker, we also have access to exclusive lender deals that may not be available elsewhere, this enables us to match clients with the most suitable deal for them.

So, if you have a recent history of bad debt and are looking for some reliable, honest advice, get in touch with our friendly team who will be happy to help guide you through the process.

Speak to us about Poor Credit Mortgages

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What our customers say

  • “Amy has been a wonderful support as we look at getting our first mortgage for a renovation. She has explained everything with a wealth of experience behind her and in terms that even I can understand! We feel incredibly comfortable making such an important decision with Amy to advise and guide us; we couldn’t ask for any more patience and knowledge from this lovely lady. Would always recommend, without hesitation.”

    R. Longley

  • “Fantastic help and advice from day one! Within a few minutes of meeting Dan for the first time both myself and my partner felt at ease and have never felt pressured which is so important, especially when making one of the biggest purchases of our lifetime. Would thoroughly recommend Dan to anyone and definitely those who are a first-time buyer as every step and process is well explained and any questions are always answered promptly with honesty.”

    J. Humphries

  • “When we were just about at our wit’s end with the process of getting our first mortgage, Amy quite literally saved the day (and our sanity!) She was professional, calm and thorough. Fantastic communication throughout the whole process, she managed to secure us a fantastic rate and explained everything to us every step of the way. A genuinely lovely lady, cannot recommend enough.”

    C. Charters

  • “Lisa was recommended to me by a friend and she did not disappoint, fantastic from start to finish. I found a house I wanted to make an offer on, emailed Lisa at 9 pm on a Sunday (not expecting a reply till the following morning) and I had a mortgage in principle by 10 pm the same night. Lisa was always on the ball even through COVID. I honestly can't thank her enough for all her help and will definitely be recommending her to people in the future.”

    D. McCafferty