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Low credit score mortgages

Did you know, you can still take out a mortgage even if you’ve got a low credit score or no credit score

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Free initial advice for all mortgages

THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

We secured a mortgage a couple with a low credit

Securing a mortgage for the couple with a low credit score

Mr and Mrs D were a couple of first-time buyers struggling to find a mortgage as they had low credit scores and previous defaults. They’d already been declined by a high street bank and weren’t sure if they’d be able to get onto the property ladder.

With Clever Mortgages they were able to:

We helped them by securing them a first-time buyer mortgage with another high street bank, which is helping them rebuild their credit scores. They now have an affordable mortgage with a fixed-term which is covered by their income and benefits. This has provided them with the security of a new home with low payments for two years.

 BalancePaymentRateProductTerm
New mortgage£139,500£528.272.18%2 year fixed rate 90% LTV30 years

New Mortgage

Balance£139,500
Payment£528.27
Rate2.18%
Term30 Years

Remortgage Calculator

Get an instant indication of what your payments for a remortgage could be. Remortgage calculators are invaluable when you’re looking for a new deal. You can enter a few pieces of information to see your options. Your property price, the mortgage amount you need, and the term you’re looking to borrow over are all vital.

Remortgage Calculator

Current mortgage details

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Summary

Your current monthly payment should be (based on the information you have entered)

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(repayment basis)

New mortgage details

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£
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Summary

Your new estimated monthly payment could be

£{{ new_estimated_monthly_payment | currency }}

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Representative Example:
Mortgage amount £170,995 (including £995 lender fee), 64 payments of £748.30 at a fixed interest rate of 2.28%, followed by 236 payments of £889.60 at a variable rate of 4.24%. Over a term of 25 years, giving a total amount payable of £258,861 at an APRC of 3.6%. The contract will be secured against your property.

We help people with bad or poor credit get mortgages and remortgages

There are many reasons why you may want to consider a remortgage, even if you have bad credit.  You may just need a better interest rate, which could save what you pay each month.  Perhaps you wish to raise additional funds to consolidate debts or make improvements to your home.

Low Rates

We have access to marketing leading rates

Bad credit experts

We are specialists in all kinds of Bad Credit

Great service and fast!

We work fast to get you an answer

Why use Clever Mortgages?

Mortgage brokers can help you find the best deals on the market – not just from one lender.

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