Can I Get a Mortgage While in a Debt Management Plan (DMP) or IVA?
If you’re currently in a Debt Management Plan (DMP) or an Individual Voluntary Arrangement (IVA) and wondering whether you can still achieve homeownership or remortgage with bad credit, the short answer is: yes it’s possible, but it can be more challenging. Specialist mortgage lenders will closely review your financial history, but with the right approach […]
Remortgaging When Your Credit Score Isn’t Perfect – Why It’s Still Worth Exploring
Let’s be honest, life happens. Whether your financial situation has changed since you first took out your mortgage, or you’re still working hard to get things back on track, don’t assume that a less than perfect credit score puts your remortgaging plans on hold. At Clever Mortgages, we believe your credit history is just one […]
Can Gambling Affect Your Mortgage Application?
If you’re applying for a mortgage and have gambling transactions on your bank statements, you might be wondering: Will this stop me from getting approved? The short answer is it depends. While gambling won’t automatically disqualify you, how much, how often, and how it affects your finances can make a big difference. Here’s everything you […]
Can You Get a Mortgage with Complex Income?
Absolutely – Here’s How If you’re self-employed, a contractor, or have multiple income streams, you’ve probably heard the term complex income when applying for a mortgage. But what does it really mean? And more importantly can you still get the mortgage you need? Good news: Yes, you can. And with the right specialist advice, your […]
Can We Still Get a Mortgage if My Partner Has Bad Credit?
The short answer? Yes—you absolutely can. If you’re a first-time buyer and your partner has a poor credit score, don’t panic. While it may feel like a setback, it doesn’t mean your dream of owning a home together is out of reach. At Clever Mortgages, we help couples in exactly this situation every day—so you’re […]
Declined Mortgage Application? Here’s How We Can Help You Turn It Around
Securing a mortgage is one of the most exciting and often nerve-wracking steps on the journey to owning your dream home. But what happens when things don’t go to plan and your mortgage application is declined? It’s disheartening, we know. But here’s the good news: a decline doesn’t have to be the end of the […]
Self-Employed or Have a Complex Income? Getting a Mortgage Isn’t Out of Reach
At Clever Mortgages, we speak to people every day who’ve been turned away by their bank simply because they don’t fit into the “traditional” salary box. Maybe you’re self-employed, a contractor, juggling multiple income streams or all three. And perhaps you’ve been told, “Sorry, you don’t meet our criteria.” But here’s the truth: Just because […]
The Ultimate Guide to Shared Ownership Properties and Shared Ownership Mortgages.
Who Are Clever Mortgages and How Can We Help? At Clever Mortgages, we specialise in helping individuals secure the right mortgage for their needs, including shared ownership mortgages. Whether you have bad credit, no credit history, or are struggling to save for a large deposit, our expert brokers can guide you through the process and […]
Credit Reports and Mortgages: What You Need to Know
When applying for a mortgage, one of the biggest factors that lenders consider is your credit report and credit score. But here’s the catch—not all credit scores are the same, and what you see on a credit checking app might be completely different from what your mortgage lender sees. Many people get caught off guard […]
Why You Should Start Thinking About Remortgaging 6 Months Before Your Fixed Rate Ends
If your mortgage fixed rate is ending soon, now is the time to take action. Many homeowners leave it too late and end up paying more than they need to. At Clever Mortgages, we recommend starting the remortgaging process at least six months before your fixed rate ends to secure the best deal and avoid […]
The Most Common Questions First-Time Buyers Ask About Mortgages (And The Answers You Need!)
Buying your first home is exciting—but it can also feel overwhelming, especially if you’ve had financial issues in the past or don’t have a credit score. At Clever Mortgages, we specialise in helping first-time buyers, including those who may have faced credit challenges, secure the right mortgage. Below, we answer some of the most common […]
Stamp Duty Changes in April 2025 – The Countdown Begins!
If you’re planning to buy a property, time is running out to take advantage of the current Stamp Duty rates before the upcoming changes in April 2025. With only weeks left until the new rates come into effect, buyers must act swiftly to ensure their transactions are completed in time. But what exactly is changing, […]
Joint Beneficiary vs. Tenants in Common: What’s the Difference?
When buying a property with someone else, one of the key decisions you need to make is how to own the property together. The two main ways to do this in the UK are as Joint Beneficiaries (Joint Tenants) or Tenants in Common. Each option has its own benefits and drawbacks, so it’s important to […]
Where Are Mortgage Interest Rates Heading in 2025?
If you’re thinking about buying a home or remortgaging this year, you’re probably wondering where mortgage interest rates are headed. The good news? Inflation is dropping, and that could mean interest rates might follow. But it’s not quite that simple. Why Do Interest Rates Matter? Interest rates determine how much you pay on your mortgage […]
Was Your Mortgage Application Declined? Here’s What to Do Next
Getting your mortgage application declined can feel like a punch to the gut. But don’t worry—it’s not the end of the road. While your first instinct might be to rush off and apply with another lender, it’s better to pause and figure out why you were declined in the first place. At Clever Mortgages, we’ve […]