Adverse Credit
- Home
- Mortgage
- Adverse Credit
Adverse Credit Mortgage Solutions
At Home & Commercial Mortgages Limited, we recognise that financial challenges can affect anyone, often through no fault of their own. We provide solutions tailored to those who may have experienced credit difficulties in the past. Our credit mortgage services are designed to help you get back on track, even if your credit history isn’t perfect.
Understanding Adverse Credit Mortgages
Challenges
Individuals with poor credit might face difficulties securing a mortgage due to factors like loan defaults, county court judgements, or a history of bankruptcy. Such backgrounds can deter many lenders.
Varied Lending Options
We work with a variety of lenders who are experts in mortgages for people with poor credit. While the interest rates for these mortgages are typically higher than standard mortgages, they cater specifically to those rebuilding their credit.
Potential for Improved Terms
Many adverse credit mortgage lenders offer the possibility of reduced interest rates following a period of consistent, on-time payments. Successfully managing an adverse credit mortgage can even transition you to a standard mortgage in as little as three years.
Our Commitment
Tailored Assessment
Each mortgage application is thoroughly assessed, allowing us to tailor the mortgage terms to your specific financial situation and risk level.
Flexible Terms
The mortgages come with potential redemption penalties, but these are usually lifted after a period of continuous, on-time payments, demonstrating financial stability and reduced risk.
Continuous Support
Our goal is to support you throughout your mortgage journey, providing guidance on how to improve your credit and manage your finances effectively.
Other Mortgage Services
Get mortgages, get better living
How It Works
Services for Clients with Adverse Credit
We offer comprehensive services designed to help clients navigate the complexities of securing a mortgage with adverse credit:
Credit Repair Advice
We provide expert advice on how to improve your credit score, which can enhance your eligibility for future borrowing.
Transparent Lending Practices
We ensure full transparency in our dealings, explaining all fees and rates clearly so there are no surprises.
Get In Touch
Don't hesitate to contact us for more information
To explore your remortgaging options or for any queries, here’s how you can reach us at Home & Commercial Mortgages Limited:
Gatcombe House, Copnor Road, Portsmouth, Hampshire, PO3 5EJ
info@hcmonline.co.uk
02392 422 555
Mon-Fri : 09am-05pm
Sat-Sun : Closed
Follow our social media :
Send us a message
We are here to help ensure that your remortgage process is as smooth and beneficial as possible. Contact us today to start the conversation.