This website uses cookies to improve user experience. By using our website you consent to all cookies in accordance with our Cookie Policy. Read more
Details sort by initial rateLenderInitial rate Rate type Overall cost for comparisonMax LTVProduct feeMonthly cost Enquire
Initial rate: 1.22%
Rate type: Discount 2 years
Monthly cost: £386.91 per month
Max LTV: 60%
Product fee: £170.00
Overall cost for comparison: 4.28% APRC
Progressive BS logo 1.22% Discount 2 years 4.28% APRC 60% £170.00 £386.91 per month get quotes Call direct0117 313 7780
Initial rate: 1.24%
Rate type: Tracker 2 years
Monthly cost: £395.59 per month
Max LTV: 60%
Product fee: £2114.00
Overall cost for comparison: 3.6% APRC
Barclays Bank logo 1.24% Tracker 2 years 3.6% APRC 60% £2114.00 £395.59 per month get quotes Call direct0117 313 7780
Initial rate: 1.24%
Rate type: Tracker 2 years
Monthly cost: £391.71 per month
Max LTV: 60%
Product fee: £1159.00
Overall cost for comparison: 4.3% APRC
Platform logo 1.24% Tracker 2 years 4.3% APRC 60% £1159.00 £391.71 per month get quotes Call direct0117 313 7780
Initial rate: 1.28%
Rate type: Discount 2 years
Monthly cost: £397.07 per month
Max LTV: 65%
Product fee: £2365.00
Overall cost for comparison: 4.2% APRC
Beverley BS logo 1.28% Discount 2 years 4.2% APRC 65% £2365.00 £397.07 per month get quotes Call direct0117 313 7780
Initial rate: 1.29%
Rate type: Fixed Mar-2020
Monthly cost: £394.04 per month
Max LTV: 60%
Product fee: £1259.00
Overall cost for comparison: 4.1% APRC
Santander UK Plc logo 1.29% Fixed Mar-2020 4.1% APRC 60% £1259.00 £394.04 per month get quotes Call direct0117 313 7780
Initial rate: 1.29%
Rate type: Fixed Mar-2020
Monthly cost: £394.04 per month
Max LTV: 60%
Product fee: £1259.00
Overall cost for comparison: 4.1% APRC
Santander UK Plc logo 1.29% Fixed Mar-2020 4.1% APRC 60% £1259.00 £394.04 per month get quotes Call direct0117 313 7780
Initial rate: 1.29%
Rate type: Fixed Dec-2019
Monthly cost: £394.05 per month
Max LTV: 60%
Product fee: £1061.00
Overall cost for comparison: 4.2% APRC
Skipton BS logo 1.29% Fixed Dec-2019 4.2% APRC 60% £1061.00 £394.05 per month get quotes Call direct0117 313 7780
Initial rate: 1.29%
Rate type: Fixed Feb-2020
Monthly cost: £394.04 per month
Max LTV: 60%
Product fee: £1159.00
Overall cost for comparison: 4.2% APRC
Platform logo 1.29% Fixed Feb-2020 4.2% APRC 60% £1159.00 £394.04 per month get quotes Call direct0117 313 7780
Initial rate: 1.29%
Rate type: Fixed Mar-2020
Monthly cost: £390.14 per month
Max LTV: 65%
Product fee: £1132.00
Overall cost for comparison: 4.1% APRC
Coventry BS logo 1.29% Fixed Mar-2020 4.1% APRC 65% £1132.00 £390.14 per month get quotes Call direct0117 313 7780
Initial rate: 1.29%
Rate type: Tracker 2 years
Monthly cost: £394.04 per month
Max LTV: 60%
Product fee: £1114.00
Overall cost for comparison: 3.7% APRC
Barclays Bank logo 1.29% Tracker 2 years 3.7% APRC 60% £1114.00 £394.04 per month get quotes Call direct0117 313 7780
12345678910...

Representative Example:

A repayment mortgage of £120,000 payable over 28 years and 1 month initially on a fixed rate for 2 years at 1.99% and then on the lender current variable rate of 3.69% (variable) for the remaining 26 years and 1 month would require 24 monthly payments of £465.20 and 312 monthly payments of £565.39 and one final payment of £565.19.

 

The total amount payable would be £189,357.67 made up of the loan amount plus interest (£68,161.67), booking fee (£999), completion fee (£30) and valuation fee (£197).

 

In this example the overall cost for comparison is 3.7% APRC representative.

 

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT

Mortgages For Poor Credit

Our Mortgage Service if you have Poor Credit

Special features of what we offer include:

  • Whole of market service - we work with most UK lenders
  • We have lenders who will take into account previous poor credit issues including defaults and missed payments including CCJs, IVAs, and missed mortgage payments
  • Access to leading market deals from adverse and credit repair lenderss
  • Access to exclusive loan deals not available on high street
  • Fast turnaround - speak to us today if you need to move quickly
  • Looking to raise additional finance on top of your existing mortgage or buy to let mortgage? - we have access to a range of finance solutions

If you are looking for a mortgage or to remortgage, you may be worried that having an adverse credit history will prohibit you from doing so, although the bigger lenders in recent years have become less willing to lend to people who have a history of bad credit on their file. There are however a range of mortgages for poor credit applicants which might be suitable for your needs.

Getting a mortgage if you have had a poor credit history 

While it is true mortgages for poor credit borrowers can be harder to come by from the mainstream high street lenders, it does not necessarily preclude you from being able to find finance.  There are a range of specialist lenders who have specific mortgages for poor credit borrowers that you may wish to consider, some however may only be accessible via an independent mortgage broker.

Your credit score

Exactly what specific mortgages are available to you will depend on your credit score and the reasons behind it, for instance you may find there are more mortgages available to you if you have previously missed one or two mortgage payments, however if you have declared bankrupt in the past or had a property reposed you may be limited to mortgages from specialist lenders.

As lending to people with poor credit scores inherently poses a larger risk to the lender the severity of your credit history will affect the cost of your mortgage repayments. You may also need to put down a larger deposit than you would expect for a standard mortgage of the same size.

Applying for a mortgage with poor credit

When applying for a mortgage with a bad credit history, providing as much evidence as you can that shows you can afford to keep up with your repayments may improve your chances of being accepted by a lender .

If you’re currently looking for a bad credit mortgage you might find it helpful to use our Mortgages calculator. you just need to enter the relevant details such as how much wish to borrow and select ‘Bad Credit Rates’ from the drop down menu and the tool will be able to filter you a selection of mortgages from different providers that might fit your requirements.

Using a mortgage broker

You may also however find the services of a mortgage broker who can compare the whole of the market beneficial, not only might a independent intermediary be able to offer you professional insight they can access specialist lenders which potential borrowers can not apply for directly with a number providing lending if you have had previous credit defaults.

Find out more

Fair mortgages offer a whole of the market service, which means you will not be limited to a select pool of providers. Fair Mortgages can also grant you access to a selection of credit repair mortgages which you will not find available on the high street.  

Why Choose Us?

Left Bullets

house icon