What Is a Bad Credit Mortgage Broker?

A bad credit mortgage broker is a qualified adviser who specialises in helping people with adverse credit histories secure mortgage approvals. Unlike standard brokers, we have established relationships with specialist lenders who are willing to consider applications from borrowers with CCJs, defaults, arrears, and other credit issues. We understand how different lenders assess bad credit applications and can match you with the lender most likely to approve your case. Working with a specialist significantly improves your chances of success compared to applying directly to high street banks, which typically have stricter lending criteria.

Who Benefits From Using Our Service?

We help various types of borrowers who struggle to get mortgage approval through traditional channels:

- First-time buyers with CCJs or defaults who've been declined by high street lenders

- Homeowners looking to remortgage but have missed payments or county court judgements - Self-employed individuals with adverse credit who find it difficult to prove income

- Anyone with a low credit score due to previous financial difficulties

- Borrowers with debt management plans, IVAs, or even discharged bankruptcies

- People who have been turned down by multiple lenders and don't know where to turn If you fall into any of these categories, working with Sarah can open doors that seemed closed. We assess your full situation, not just your credit score, to find lenders who will consider your application.

How We Help You Get Approved

As specialist mortgage brokers for bad credit history, we provide several valuable services that dramatically improve your chances of approval:

**Access to Specialist Lenders** - We work with lenders who specifically cater to adverse credit cases. These lenders aren't available on the high street and don't advertise publicly. Without a broker, you simply won't know they exist.

**Expert Application Preparation** - Sarah will review your credit file, identify potential issues, and prepare your application in the strongest possible way. She knows exactly what documentation lenders need and how to present your case favourably.

**Lender Matching** - Not all bad credit lenders are the same. Some specialise in CCJs, others in self-employed cases, and some focus on high loan-to-value mortgages. Sarah knows which lender suits your specific circumstances.

**Saves Time and Protects Your Credit Score** - Multiple mortgage applications can damage your credit score further. We submit your application only to lenders likely to accept you, avoiding unnecessary credit searches and rejections. Sarah has years of experience helping clients with bad credit across Greater Manchester. She takes time to understand your situation and provides honest advice about your options and realistic expectations.

What to Look for in a Specialist Bad Credit Broker

When choosing a mortgage broker to help with bad credit history, it's important to ensure they have the right qualifications and experience: **FCA Regulation** - Always check your broker is authorised and regulated by the Financial Conduct Authority (FCA). This ensures they meet professional standards and follow strict conduct rules. Sarah Tinkler is a fully qualified and FCA-regulated mortgage adviser. **Specialist Experience** - Not all mortgage brokers handle bad credit cases. Look for someone who regularly works with adverse credit clients and has a proven track record of successful applications. **Lender Panel Access** - Ask about their relationships with specialist bad credit lenders. The best brokers have access to a wide panel of lenders, including those not available to the general public. **Transparent Fees** - A professional broker will be upfront about their fees from the start. Make sure you understand what you'll pay and when payment is due. **Honest Communication** - Your broker should give you realistic expectations. Be wary of anyone who guarantees approval - no broker can make that promise as the final decision rests with the lender

The Process of Working With Us

Understanding how a bad credit mortgage broker works can help you feel more confident about the process. Here's what to expect when you work with Sarah:

**Step 1: Initial Consultation** - We start with a free, no-obligation consultation to understand your circumstances. This includes discussing your credit history, income, employment status, and how much you want to borrow. Sarah will review your situation honestly and let you know whether a mortgage is realistic at this time.

**Step 2: Credit File Review** - Sarah will check your credit file to identify exactly what issues lenders will see. This might include CCJs, defaults, missed payments, or high credit utilisation. Understanding these issues helps prepare your application properly and choose the right lender.

**Step 3: Lender Research and Matching** - Not all bad credit lenders have the same criteria. Sarah will research which lenders are most likely to accept your application based on your specific circumstances. Some lenders specialise in recent credit issues, others prefer older problems, and some focus on particular employment types.

**Step 4: Application Preparation** - We'll help you gather all necessary documentation including proof of income, bank statements, identification, and details of your credit issues. Sarah will also prepare a supporting statement explaining your circumstances to the lender in the best possible light.

**Step 5: Submission and Management** - Once your application is ready, Sarah submits it to the chosen lender. She'll manage the process, chase updates, respond to any queries from the lender, and keep you informed throughout. If the lender requests additional information, Sarah handles this promptly to avoid delays.

**Step 6: Offer and Completion** - When the lender makes an offer, Sarah will explain the terms, rates, and any conditions. She'll ensure you understand what you're agreeing to before proceeding. Sarah then coordinates with solicitors and the lender to progress your case to completion. Throughout this process, Sarah provides support, answers your questions, and gives you realistic expectations about timescales and likelihood of success.

Bad Credit Mortgage Rates and What to Expect

When working with a specialist broker for bad credit mortgages, it's important to have realistic expectations about rates and terms. Mortgages for bad credit typically come with higher interest rates than standard mortgages because lenders view them as higher risk. However, a skilled broker can often negotiate better rates than you'd achieve on your own. Interest rates for bad credit mortgages vary depending on several factors including how severe your credit issues are, how recent they are, your deposit size, and your income. Sarah will explain what rates you're likely to be offered based on your specific circumstances. In many cases, once you've maintained good payment history for a period, you can remortgage to a better rate.

Your home may be repossessed if you do not keep up repayments on your mortgage.

FAQs About Bad Credit Mortgages

• Can I get a mortgage with a CCJ?
  Yes, many lenders in our network consider applicants with CCJs.

• How much deposit will I need?
  The deposit requirement varies, but we’ll help you explore options with the lowest upfront costs.

• Will my interest rate be higher?
  Possibly, but we’ll work our hardest with lenders to secure the best deal for your circumstances.

• Do I need a mortgage broker or can I apply directly?

  While you can apply directly to lenders, using a specialist broker history significantly improves your chances of success. Specialist lenders who accept bad credit often don't deal directly with the public - they only work through brokers. A mortgage broker bad credit history also prevents multiple rejections that can damage your credit score further.

• How much does a a specialist broker cost?

  Fees vary between brokers. Some mortgage brokers charge a flat fee, others charge a percentage of the loan amount, and some are paid only by lender commission. Sarah will explain all fees clearly during your initial consultation so there are no surprises.

• How long does it take to get a mortgage through a specialist broker?

  The timeline depends on your individual circumstances and the lender's processing times. However, working with a mortgage broker who specialises in bad credit history often speeds up the process because your application is properly prepared from the start, reducing back-and-forth requests for additional information. Most cases complete within 4-8 weeks.

Don’t let bad credit hold you back from owning your dream home. Contact us today for a free consultation and take the first step toward securing your mortgage!

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