Halifax Mortgage Brokers can advise on mortgages for bad credit
We can offer mortgages with arrears, defaults, CCJ’s, Debt Management, Pay Day Loans, IVAs, Bankruptcy. We’ve helped many clients; Halifax Mortgage Brokers offer a full mortgage for bad credit advisory service. We are also whole of market brokers based in Halifax
Types of clients that may need mortgages for bad credit
Halifax Mortgage Brokers deal with the following types of customers:
- Home movers looking for a bad credit mortgage
- Remortgage clients looking for a bad credit mortgage
- First time buyers looking for a bad credit mortgage
- Portfolio Landlords looking for a bad credit mortgage
- Mortgage customers over 50 looking for a bad credit mortgage
- Commercial property buyers looking for a bad credit mortgage
- The list is a sample of clients that we deal with that are looking for mortgages with bad credit – if your situation is not listed, this doesn’t necessarily mean we can’t help, please get in touch to confirm.
Mortgages for Bad Credit continued….
Halifax Mortgage Brokers handle queries daily regarding bad credit mortgages. There currently is not a one size fits all mortgage deal to suit every client’s needs and circumstances. Most of the information about mortgages can be sourced online. The issue we have here is that, quite often than not the information online can be confusing and contradictory. With this in mind, we have tried to give clients that are looking for mortgage advice an overview of what you should be looking for when choosing your Halifax Mortgage Broker. Clients that are scrolling through the internet that maybe looking for a mortgage with poor credit in the UK should be able to find a solution to suit their needs and circumstances. Using Halifax Mortgage Brokers is simple, cost effective and will save you time and potential stress. We fundamentally take care of the arrangement of your adverse credit mortgages; our customers are delighted with the service we provide. Check out our testimonials page to confirm what our clients say about us. Using Halifax Mortgage Brokers will ensure that you are up to date with developments within the mortgages for bad credit arena.
Examples of frequently asked questions from our clients
Are Halifax Mortgage Brokers able to help if….?
- How much mortgage can I get?
- How do I find an adverse credit mortgage broker?
- Bad credit mortgage?
- Struggling to get a mortgage?
- What mortgage can I get?
- Can you get a mortgage with bad credit?
- How to get a mortgage with bad credit?
- How big a mortgage can I get?
- Can a mortgage broker help customer with bad credit?
- Can I get a mortgage with bad credit?
- How to improve your credit score for a mortgage?
- Poor credit mortgage?
- Getting a mortgage with bad credit?
- How much mortgage could I get?
- Bad credit mortgage broker?
- Remortgage with bad credit?
- Can I get a mortgage with a poor credit score?
- Which credit issues will mortgage lenders accept?
- What are the best bad credit mortgage rates?
- Who are the bad credit mortgage lenders?
- Are there any bad credit mortgages with guaranteed approval?
- Which are the high street lenders for bad credit customers?
- Can a bad credit mortgage broker help me if I have an IVA?
Halifax Mortgage Brokers do offer mortgages with poor credit score.
Many of our client now have credit issues and require a more specialist mortgage. Halifax Mortgage Brokers have seen many customers with poor credit come to the fore as a result of the financial crisis around 2010. Many lenders that were around at this time have stopped working in the mortgages for bad credit arena. Nearly all lenders have drastically tightened up their books to prevent mortgage borrowers from taking on any new mortgages for bad credit. The good news is is you are in the position of needing a mortgage with a poor credit score then you are in the right place. Our Halifax Mortgage Brokers will look to help and guide you to obtaining the perfect mortgage for bad credit. Don’t despair just get in touch and let us see if we can help you to getting the right mortgage with a poor credit score.
Can Halifax Mortgage Brokers offer any basic advice to help me improve my credit score for a mortgage?
- Make sure you check and double check your credit files – Experian, Equifax & Call Credit. to help you identify if a lender may consider your mortgage application.
All mortgage lenders work out your ability to obtain a mortgage in completely different ways, but most will use a credit scoring system, and most mortgage lenders will use either Experian, Equifax or Call credit, there are others. Some may even use all of them or at least 2 to identify you or check voters roll information. The information held on these agencies don’t always provide the same information. So, it is advisable to get an idea from at least 2 of the main 3 credit reference agencies.
What are CCJ’s?
- A County Court Judgment (CCJ) This is a type of court order in England, Wales and Northern Ireland
What is an IVA?
- An Individual Voluntary Arrangement (IVA) this is an agreement with your creditors to pay all or part of your debts.
What is a DMP?
- A Debt Management Plan (DMP) These allow you to pay off your debts at a rate you can afford. Get in touch to see if we can help you get your bad credit mortgage whilst having a DMP.
Does everyone offer these bad credit mortgages?
No, unfortunately not. Most bad credit mortgage loans are predominantly offered by the mortgage intermediary market. So, using a Halifax Mortgage Broker may be a good option. When looking for a bad credit mortgage, certain things have started to get a little better, but ask yourself, how many advertisements have you seen on the television or heard on the radio promoting bad credit mortgages? If you answered not many then you’d be right, most lenders think of this type of lending as risky and not good. Although a good selection of bad credit mortgage companies has come out with some amazing bad credit mortgage options. Talking to your Halifax Mortgage Broker, understanding the market will help you come to right conclusion when selecting your mortgage for bad credit. What is massively important, and you must remember is that every bad credit mortgage lender is different. Just because you may have been declined by one bank or building society, doesn’t necessarily mean your Halifax Mortgage Broker has nowhere to turn. Our team have arranged many mortgages for bad credit for lots of clients with a poor credit in some of the following scenarios:
The list is not exhaustive, please get in touch to confirm if we can help you
- No credit history
- Low credit score – Experian, Equifax or Call Credit.
- Missed mortgage payments – current or historical
- Debt management plans
- Late payments
- Repossessed in the past
- Discharged Bankruptcy
- Multiple payday loans
What are the main issues that a mortgage lender may accept? If I have bad credit, and how can Halifax Mortgage Brokers help?
Most scenarios we at Halifax Mortgage Brokers can help. Obviously, there are on occasion situations that we have had to advise a client to hold off making an application until an issue has disappeared from the credit file. These situations are always fully discussed with the client and the client is always given a clear and achievable goal to help the client achieve their aim in the end. If you are looking for a bad credit mortgage for whatever reason, it maybe CCJ’s, IVA’s, Bankruptcies, DMP’s, missed mortgage payments, pay-day loans, defaults or whatever the reason may be, it is always better to discuss it over with your Halifax Mortgage Broker team. Just pick up the phone or drop us an enquiry form and we will do our best to help you obtain the mortgage for bad credit you may need.
What kind of mortgage rates are available to clients for mortgages with bad credit?
Getting the best mortgage rate, you can get depends on how bad your credit is either currently or historically. Your Halifax Mortgage Broker will need to establish which mortgage lenders have the appetite to lend you money in the first instance. This will really depend on your circumstances and how a lender assesses your ability to repay the mortgage now and in the future. To make things easier for you, you may want to get in touch. Speaking with one of the Halifax Mortgage Brokers will help you match your needs and circumstances and find you the best deal possible.
How many bad credit mortgage lenders are there in the UK mortgage market?
On a day to day basis, this is a difficult question to answer, as not all lenders will advertise that they will offer mortgages for bad credit. It also is difficult to answer because there are many degrees of adverse credit. For example: bad credit mortgages could be made up of clients with IVA’s, defaults or CCJ’s other clients may have been declared bankrupt, they may be discharged, or they may be close to becoming a discharged bankrupt. Other clients may have struggled on trying to pay their bills and were advised to consolidate their debts into a debt management plan or DMP as it is often referred to. So, we have mentioned this before but there is not a one size fits all bad credit mortgage available. What Halifax Mortgage Brokers can do is assess your bad credit situation and formulate a mortgage solution for you. The mortgage advice can be tailored to suits your bad credit profile. They will assess your credit score and devise a mortgage strategy to facilitate the completion of your new mortgage finance. Doing this should then put you on the road to success. It should then allow you to breath easily knowing that your Halifax Mortgage Broker has provided you with exceptional service and helping you find your perfect bad credit mortgage. There are a good number of bad credit mortgage lenders out there, one thing is for sure is that it is our understanding that this market is a growing market and there is a real hunger for bad credit mortgage lenders to offer this type of finance.
How do I get in touch with a Halifax Mortgage broker that can help me obtain my bad credit mortgage?
To get qualified by a Halifax Mortgage Broker it couldn’t be simpler. Check out he live chat facility on the website, give us a call on 0333 210 0082, drop us an email at firstname.lastname@example.org We are always happy to help, we have loads of helpful hints and tips in regards to your bad credit mortgage requirements.
Let’s work together to make your dream a reality and let’s get the first part of the process done. See below to confirm what we can do for you. We look forward to welcoming you to the family.
Why use Halifax Mortgage Brokers to find the perfect bad credit mortgage in Halifax
- Initial chat about your mortgage for bad credit in Halifax
Your Halifax Mortgage Broker will conduct an initial telephone chat with you will enable a preliminary judgement on the best way forward. When you get in touch we will discuss the facts of the matter deeply and comprehensively.
- Market Research for your mortgage for bad credit in Halifax
Once the first step has concluded about your mortgage for bad credit in Halifax. We will scour the mortgage for bad credit in Halifax market to find the best options for you. Then, Halifax Mortgage Brokers will advise you on the options that we think will work perfectly for mortgage for bad credit in Halifax
- The mortgage for bad credit in Halifax Process
Additionally, Halifax Mortgage Brokers will inform all applicants about the documents that they need for their mortgage for bad credit in Halifax application to be effectively processed. Halifax Mortgage Brokers will also liaise with the client´s estate agents, chosen bad credit mortgage lender and solicitors to arrive at an effortless and mutually beneficial completion.
In conclusion, you should call us today to find out more about what Halifax Mortgage Brokers can do to eliminate the hassle out of your mortgage for bad credit in Halifax application process. Check out our testimonials page to find out what our other mortgage for bad credit in Halifax clients have said about us.