When it comes to mortgages, not everyone fits into the “standard” tick-box criteria that many high street lenders use. That’s where specialist mortgages come in, tailored solutions for clients whose circumstances are a little different.
At Clever Mortgages, we believe there’s nearly always a way forward, even if you’ve been told “no” before.
What is a Specialist Mortgage?
A specialist mortgage is simply a home loan designed for people who don’t fit the traditional lending profile. Standard lenders often prefer neat, straightforward cases, but life isn’t always that tidy.
Specialist lenders take a more flexible view of income, credit history, or property type, offering solutions where mainstream banks might not.
Who Might Need a Specialist Mortgage?
Specialist mortgages can help in many situations, including:
- Self-employed borrowers – especially if you don’t have three years of accounts or take most of your income as dividends.
- Adverse credit histories – CCJs, defaults, missed payments, or debt management plans.
- Older borrowers – those looking for mortgages into retirement or later life lending.
- Buy-to-let landlords – particularly with large portfolios or through limited companies (SPVs).
- Unusual properties – non-standard construction, flats above shops, or unique builds.
How Specialist Lenders Work
Unlike big high street names, specialist lenders use a case-by-case approach. They often employ experienced underwriters who look at the story behind the numbers rather than just a credit score.
For example:
- A client with missed payments during a difficult period might still be approved if their finances are now stable.
- A landlord expanding their portfolio may get options even if mainstream lenders say they’ve reached their limit.
The Benefits of Specialist Mortgages
- Access to lending options not available on the high street
- More flexible underwriting
- Potential to borrow when others have declined
- Options for unique property or income situations
Why Use a Broker for Specialist Mortgages?
Specialist lenders don’t usually deal directly with the public, they work through brokers.
That’s where we come in.
We know which lenders to approach for your circumstances, how to present your case, and how to avoid wasted applications that could damage your credit file.
Final Word
If you’ve been told “no” before, don’t lose hope. With the right advice, there may still be a way forward.
Contact us today for a free consultation, and let’s explore your specialist mortgage options.