Mortgages
Bad credit mortgages, your path to homeownership
We believe that everyone deserves a chance to own their dream home, regardless of their credit history. That’s why we specialise in providing bad credit mortgages, tailored to individuals who have faced financial challenges in the past. With our expertise and commitment to finding creative solutions, we can help you overcome your credit hurdles and unlock the doors to homeownership.
Who we can help
Types of bad credit mortgages
First of all, who could benefit from bad credit mortgage advice? If you have one or several of the following on your credit file, then you are more than likely a good candidate for a bad credit mortgage:
- County Court Judgements (CCJs)
- 2 Defaults
- Missed/Late Payments
- Debt Management Plan (DMP)
- Too many hard searches
- Excessive borrowing/large amount of debt
- An Individual Voluntary Arrangement (IVA)
- Debt Relief Order (DRO)
- Bankruptcy
If you have any of the above on your credit file, it’s all too easy to assume that it is not possible to be accepted on a mortgage application. This is where we can help, Maldon Mortgage Solutions has access to lenders who specialise in this field.
Practical guidance
How can I improve my credit rating?
If you are trying to secure a mortgage, improving your credit score is a great idea. Here are some tips.
- Paying your bills on time.
- Staying out of your overdraft is a must.
- Manage your available credit carefully.
- Close any inactive accounts.
- Checking your credit report regularly to ensure that everything is up to date and accurate, working quickly to ensure that any errors are addressed.
- You should also be sure to remove any links to ex-partners or housemates/properties with poor credit scores.
Remember to avoid applying for credit, shortly before submitting your mortgage application.
For free initial consultation, give us a call us on 01621 770515
How it works
Mortgage advice made simple
Here are the 4 simple steps for comparing your mortgage.
- 01
Getting to know you
At a time that suits you, we’ll arrange an appointment – either face-to-face, by video call, or over the phone, whichever you’re most comfortable with – so we can get to understand your circumstances and needs in more detail.
- 02
We search for the best deal, from a panel of lenders
Now we know a bit more about you and what you want, we’ll search our panel of lenders for the right mortgage. We are not tied to one particular lender, we have access to over 180 lenders, ranging from banks, building societies and specialist lenders.
- 03
We'll make our recommendation
Having found the right mortgage for you, we'll talk you through it, to explain all the features and benefits and how it meets your needs.
- 04
With you every step of the way
Our dedicated team will be with you all the way through the process – from application to completion.
Worried about your credit history?
We pride ourselves on being friendly & approachable, we don't charge fees for a chat, so give us a call to see if we can help you.