Bad Credit Mortgages | Fee-Free Advice

Getting a Mortgage with Bad Credit

Having bad credit doesn’t necessarily mean you can’t get a mortgage. Lenders assess credit history differently, which means the mortgages for bad credit available to you can vary between lenders.

Our fee-free bad credit mortgage brokers can help you understand all of your options by identifying lenders whose criteria match your circumstances and comparing mortgage products from across the market.

Whether you’ve had missed payments, defaults or CCJs, your dedicated adviser will review your circumstances, answer your questions, compare suitable lenders and manage your application.

We’ll always be transparent about your options, and we’ll never charge you a broker fee.

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Getting Ready to Apply

Your credit history, affordability and deposit can all affect your mortgage options. These tools and guides can help you prepare:

How Much Could You Borrow?

Get an initial estimate of how much you could borrow based on your income and financial commitments.

Use the Calculator

Getting a Mortgage With Bad Credit

Learn how credit history can affect a mortgage application and the options that may be available to you.

Read the Guide

Can a Larger Deposit Help?

If you’re looking for a mortgage with bad credit, having a larger deposit could increase the options available to you.

Read the Guide

Missed Payments

When they happened and your wider circumstances can matter.

Defaults

Getting a mortgage with previous defaults may still be possible.

CCJs

A CCJ doesn’t necessarily rule out getting a mortgage.

Your Deposit

Your deposit amount can affect the options and rates available.

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Looking for a Mortgage With Bad Credit?

Enquire below and one of our fee-free mortgage advisers will be in touch to discuss your options.

Can I Get a Mortgage with Bad Credit?

Yes, it’s absolutely possible to get a mortgage with bad credit. Amidst the cost of living crisis, many lenders are more understanding about applicants who have a less than perfect credit score, and now offer products specifically for people with a poor credit history. However, you may find fewer options available and slightly higher rates. Speaking with a trusted whole-of-market mortgage broker - like Boon Brokers - can help you find the most suitable deal based on your credit profile and goals.

How Does a Bad Credit Mortgage Work?

A bad credit mortgage works much like a standard mortgage, the only difference is that your chosen lender will consider your past financial history more closely. You may need a larger deposit and could face higher interest rates. With the right advice and whole-of-market access, though, you can still secure a competitive deal and improve your credit rating over time.

How Does My Credit Score Affect How Much I Can Borrow?

Your credit score influences the mortgage amount you can borrow and the interest rate offered. A lower score usually means lenders will limit your borrowing or require a larger deposit to offset the risk. Improving your credit score and speaking to a broker with whole-of-market access can open up more options.

How Do I Check My Credit Score?

You can check your credit score through any trusted UK credit reference agency. The most popular UK agencies include: Experian, Equifax, ClearScore, or Check My File. In addition to this, many online banking apps now also include free credit score tools to help you monitor changes before applying for a bad credit mortgage.

How Do Lenders View Bad Credit During a Mortgage Application?

Most lenders will carry out a soft credit check at the initial Agreement in Principle stage and a hard credit check during the full mortgage application. These searches allow them to assess your financial history, including missed payments, defaults, and CCJs. At Boon Brokers, our dedicated experts will be able to identify lenders who are more flexible when it comes to these issues, matching you to a lender and mortgage product that suits your needs.

Can I Still Get a Low Interest Rate with Bad Credit?

It depends on how severe your credit issues are and how recent they occurred. Some high street lenders may still consider applicants with minor, older credit issues, allowing access to competitive rates. However, if your bad credit is more significant, you may need to use a specialist lender. At Boon Brokers, we compare deals across the whole market to find the best available rate for your circumstances.