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Seek mortgage advice from a mortgage broker if you have bad credit


In the current climate, getting a mortgage or remortgage is difficult enough when you have a good credit rating. But when you have a bad credit rating, it can be much harder. But there is good news. There are specialist mortgage brokers who could help you.


Bad credit problems are increasing in the UK at present due to the credit crunch. This has had a knock-on effect when it comes to mortgages and remortgages.


One option for those with bad credit histories looking to secure a mortgage or remortgage is to seek the advice of specialist mortgage brokers. These brokers are experienced in dealing with bad credit scores, so could help you when high street lending institutions are unable to.


Many people don't know that you can actually repair your bad credit score through a mortgage or remortgage. This is because you get the chance to make regular monthly repayments, which gradually repairs your bad credit rating and restores your credit score.


Bad credit - Finding the right advice and mortgage

It can be overwhelming buying a house or remortgaging, even if your credit rating is perfect. But for those in financial arrears with bad credit ratings, the prospect is even more daunting.


The first thing you should do if you have a bad credit score is to contact a mortgage or remortgage broker who specialises in mortgages for those who have bad credit scores. Often high street lenders aren't prepared to offer deals to those with a bad credit score. However, specialist brokers could take your case on its merits and find you a lender who gives you the chance to show commitment to regular repayments.


Looking for a mortgage or remortgage deal? Speak to Central Capital Mortgages

Central Capital Mortgages is one of the UK's leading independent mortgage brokers. As specialist brokers, Central Capital Mortgages goes the extra mile to find the right deal for customers and can help those with bad credit histories or CCJs. Central Capital Mortgages works with integrity, treating customers with the respect they deserve.


For a quick, easy and hassle-free mortgage quote, call 0808 132 99 90 or request a quote online.


Central Mortgages Limited is an appointed representative of Central Trust PLC which is authorised and regulated by the Financial Services Authority.

Central Capital is a trading style of Central Mortgages Limited. Registered in England 3830494. Registered office: Austin House, Stannard Place, St Crispins Road, Norwich NR3 1PX

The overall cost for comparison is 5.3% APR.

The rate is variable and based on a usual case, including fees of £3,430. The actual rate available will depend upon your circumstances. Ask for a personalised illustration. If you are thinking of consolidating existing borrowing you should be aware that you will be extending the term of the debt and increasing the total amount you repay.

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