A bad credit mortgage is just like a regular mortgage. However, it has a high-interest rate due to high investment risk. No one wants to do business with someone with a bad credit history; however, if that sounds like you, then you should not worry.
Note: As a dedicated accountancy firm in the UK, we prioritize financial well-being. While we do not directly offer mortgage services, we collaborate with trusted professionals. We proudly recommend Credas Financial as our preferred mortgage advisor. Their expertise aligns seamlessly with our commitment to client satisfaction. Please note that our role is solely that of an introducer; we do not provide mortgage services directly. Clients are encouraged to assess Credas Financial’s services independently. We aim to facilitate informed decisions, fostering a comprehensive financial experience for our valued clients.
You can get a mortgage despite having a bad credit history.
How Do Bad Credit Mortgages Work?
Bad credit mortgages are just like every other regular mortgage. It is a normal deal with a high interest rate. You can borrow only at a certain amount or rate. In most cases, the deposit you are asked to pay is also higher. This is because every bad credit is seen to be at a higher risk for investment.
Can I Apply For A Mortgage Loan With A Bad Credit?
At Credas Financial, consultants are prepared to deal with all kinds of cases. So, you should not worry much if you have a bad credit history. It is still possible for you to get a loan. However, you are still expected to take care of your credit history, which is essential to budget sensibly.
The expert mortgage advisors of Credas Financial are available at all hours of the day. They can arrange a meeting in whatever form and time suits you, whether through a video call, telephone, email, or even a written letter if necessary!
Credas Financial provide their clients the convenience of contacting them in whatever way suits them, according to their schedule. So contact them today and let them make your mortgage path as clear as ever.