Is Your Bad Credit History Stopping You From Getting a Mortgage? We Can Help You!
There are many circumstances which may put you in the position where you require an adverse credit mortgage.
- Adverse credit Mortgage
- Late Payments
- Debt management
Do you want to find a mortgage but are worried about how your Adverse Credit score may impact your chances?
We understand that a history of Adverse Credit can make finding a lender willing to provide a mortgage tricky.
However at Amber Mortgage Solutions we consider everyone. So regardless of your Adverse Credit score, our specialist mortgage advisors can help you to find the best deals on the market and access an affordable Adverse Credit mortgage to suit your personal circumstances.
Mortgages for People with Adverse Credit
Our expert team take great pride in finding the very best deals for our clients, and will search the whole of the market to ensure you get the Adverse Credit mortgage you need.
Whether you’re looking to move or remortgage, are a first time buyer or even an investor looking to secure a buy-to-let mortgage, we are able to help borrowers with Adverse Credit get back on track, with expert advice from our dedicated team of professional mortgage brokers.
What Does it Mean to Have a Adverse Credit History?
It is important to remember that your credit score is not what determines the final decision on your mortgage. It is the variety of information your credit file consists of that is taken into consideration by mortgage lenders.
Common contributors to a ‘Adverse ’ credit history, or ‘score’, are:
- A history of missed payments/defaults.
- Previous court records. For example, IVAs, bankruptcies, CCJs.
- Electoral roll information (whether or not you are registered to vote).
- Your current debts and which companies these are owed to.
- Credit card applications, in particular, how many have been declined.
- Payday loan information held on your file.
- A Debt Management Plan (DMP) that you may have entered.
Whilst it is possible to repair a Adverse Credit rating, many lenders will look beyond this and consider your circumstances and different contributing factors, such as the above, to reach their own decision.
This is why it can be beneficial to have an expert mortgage broker on your side. To walk you through the process, step by step, and help you find the best mortgage possible with your credit history.
Here at Amber Mortgage Solutions, we take great pride in helping clients who believe that their Adverse Credit history makes finding a suitable mortgage impossible. Regardless of your past credit issues, our years of experience and expertise mean we are able to give you the best possible chance of securing a mortgage, no matter what your past.
Finding Adverse Credit Mortgages
We understand that when you have Adverse Credit, looking for a mortgage can feel like a struggle. Getting a mortgage with a Adverse Credit history can be hard to do, when the majority of high street lenders are hesitant to get to understand an applicant’s individual circumstances, declining mortgages based on credit scores alone.
Our team at Amber Mortgage Solutions strive to gain a fuller understanding of each applicant’s situation, making it possible to place them with lenders more likely to be the right fit. It also means that we can work with our clients to not only secure a mortgage, but also provide professional advice to help a client improve their own financial situation.
What Steps Can I Take to Secure a Adverse Credit Mortgage?
Regardless of whether you have existing debts or a Adverse Credit history, the best first step towards securing a Adverse Credit mortgage is to demonstrate to lenders that you are not a risk. Going forward, show that you can pay your monthly credit commitments on time and take steps to start improving your overall finances.
For expert Adverse Credit mortgage advice, speak with a member of our team today. Our experience in Adverse Credit mortgages mean that in circumstances where a high street lender cannot assist you, we can still match you with the right lender to help you.
No matter what your credit issues may be or where you are on your property ownership journey, our friendly advisors can assist you every step of the way, giving you the best possible chance of successfully securing your Adverse Credit mortgage.