We could still help with a mortgage even if you have bad credit

If you’ve missed or been late with credit payments, there are still plenty of mortgage options available. We work with lots of lenders who will offer bad credit mortgages if you’re looking to remortgage or get onto the property ladder.

  • Missed or late payments and default notices – accepted
  • Remortgage options available for up to 90% of your property’s value
  • Purchase a property with just a 5% deposit

Securing a mortgage for one customer who’d recently been in an IVA

We help customers do just that. Our customer Mr D was able to:

Getting a mortgage, even with a poor credit history   Secure a fixed rate of 2.99%   Find a 95% mortgage

We secured a mortgage for one customer who had recently come out of an Individual Voluntary Arrangement (IVA). At Clever Mortgages, we helped him by:

Since the IVA, the customer had managed to save enough money to put down as a deposit on a house. In the meantime, he was renting, and paying £425 a month to his landlord. He was delighted to be able to buy a new home and get his finances back on track.

 BalancePaymentRateProductTerm
New Mortgage£113,050£584.912.992 year fixed rate22 years
Balance£119,000
Payment£584.91
Rate2.99%
Term22 Years

No obligation advice on bad credit mortgages

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Latest mortgage best buys

Based on a mortgage of £130,000 on a property worth £260,000

Initial rate
Overall cost for comparison
1.14% Fixed
then 3.9% (variable)
3.9% APRC

Fees and charges

  • Booking fee
    £0.00
  • Arrangement fee
    £999.00
  • Valuation fee
    £0.00
  • Other fees
    £241.00
  • Cashback
    £0.00

Other info

  • Exit fee
    £80.00

Flexibility

  • Overpayments allowed?
    Yes

Representative example
A mortgage of £130,000.00 payable over 25 years, on a ‘Fixed rate’ of 1.14% would initially cost £498.22 for 24 months. This would be followed by 276 monthly payments at a variable rate of 3.59% costing £644.16 per month. The total amount payable over the full term of the mortgage would be £189,745.44, made up of the loan amount plus interest and fees (£1,114.00). The overall cost for comparison is 3.9% APRC.
1.24% Tracker
then 3.9% (variable)
3.9% APRC

Fees and charges

  • Booking fee
    £0.00
  • Arrangement fee
    £999.00
  • Valuation fee
    £0.00
  • Other fees
    £241.00
  • Cashback
    £0.00

Other info

  • Exit fee
    £80.00

Flexibility

  • Overpayments allowed?
    Yes

Representative example
A mortgage of £130,000.00 payable over 25 years, on a ‘Tracker rate’ of 1.24% would initially cost £504.19 for 24 months. This would be followed by 276 monthly payments at a variable rate of 3.59% costing £644.74 per month. The total amount payable over the full term of the mortgage would be £190,048.80, made up of the loan amount plus interest and fees (£1,114.00). The overall cost for comparison is 3.9% APRC.
2.84% Variable
then 2.9% (variable)
2.9% APRC

Fees and charges

  • Booking fee
    £199.00
  • Arrangement fee
    £800.00
  • Valuation fee
    £0.00
  • Other fees
    £855.00
  • Cashback
    £0.00

Other info

  • Exit fee
    £150.00

Flexibility

  • Overpayments allowed?
    Yes

Representative example
A mortgage of £130,000.00 payable over 25 years, on a ‘Variable rate’ of 2.84% would initially cost £605.71 for 0 months. This would be followed by 300 monthly payments at a variable rate of 5.89% costing £605.71 per month. The total amount payable over the full term of the mortgage would be £181,713.00, made up of the loan amount plus interest and fees (£1,149.00). The overall cost for comparison is 2.9% APRC.

6 Great reasons to choose Clever Mortgages

Specialists in bad credit

Every member of our team is trained in bad credit situations and know how to find the right solutions for customers – helping them get the mortgage that’ll get them back on track.

Over 100 lenders

The number and quality of lenders we work with means we have access to a diverse spectrum of best-rate deals. The lenders we use means we have all areas covered – even for those in particularly niche circumstances.

Not every case is the same

As each customer’s situation is unique, we take the time to understand your situation, and we carefully assess your goals and how we’ll make sure the mortgage we get helps you to achieve them.

Access To Exclusive Rates

The relationship we have with our lenders means we have access to products and deals that simply aren’t available to customers going direct. This is true particularly for those in adverse credit situations.

Offering the best support

We know that buying or moving house and getting a mortgage is stressful, so we do our upmost to make the process as hassle-free as possible. We’re there for you at every step, always keeping you in the loop.

Excellent Reviews

We’re proud of our long-standing 5 Star Rating on Trustpilot, and love all the positive feedback we get from customers every day. We feel privileged to help people get a great deal with far less stress.

Why use a mortgage broker?

Mortgage brokers can help you find the best deals on the market – not just from one lender. With a broker you’ll get:

  • Valuable knowledge, through years of experience helping customers to find mortgages
  • An improved chance at finding a mortgage, some mortgages are only available through a broker
  • Help with the application process, as usually just one application can be used across various lenders
  • Advice on how to improve your chances, for instance getting a guarantor or applying for a joint mortgage

About Clever Mortgages

We specialise in assessing an individual’s situation, and finding the right mortgage solution for them. We can help:

  • With remortgages, buy-to-let, and first-time buyers mortgages. We have experts who cover these areas
  • Even if you’ve got bad credit – we help people every day with a variety of credit histories to find the right mortgage
  • With applications, as we’ll take the hassle away. We require your details once and we’ll know the best lenders for your circumstance
  • Our team know the lenders that are most likely to say ‘yes’, and give you the best rates

What should I do next?

  • You enquire online with us today or request a call back
    Our simple form takes a couple of minutes to fill in, this gets the ball rolling
  • One of our experts will give you a call to find out more about your situation
    We have experts in remortgaging, who focus solely on helping customers save money
  • We do all the hard work for you
    We search the market for the trusted lender that’s right for you
  • Our expert will get back in touch
    We can guide you every step of the way, and we’ll always keep you up-to-date with progress

Speak to a broker

Christie Buck

Christie is a specialist mortgage broker, whose been working for Clever for 4 years. She has been in the financial industry for nearly 9 years which included assisting clients in financial difficulty setting up IVAs.

Call us on: 0800 197 0504

Below are some of the lenders we work with