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Adverse credit mortgages refer to loans designed for borrowers with a history of debt problems like missed payments, defaults, or County Court Judgments (CCJs). These mortgages are an option for individuals struggling to secure a mortgage with traditional lenders due to their credit history.
Key aspects of adverse credit mortgages:
• Adverse Credit:
This refers to a negative credit history that can include missed payments, defaults, CCJs, bankruptcies, or repossessions.
• Specialist Lenders:
Many high street lenders may be hesitant to offer mortgages to those with adverse credit, but specialist lenders are more likely to consider applications.
• Factors Influencing Approval:
Lenders will assess the borrower’s overall financial situation, including income, expenses, and debt repayment history.
• Types of Adverse Credit:
• Defaults: Failing to make repayments on a credit agreement.
• CCJs: Judgments issued by a court for unpaid debts.
• Bankruptcy: A legal process for individuals who cannot repay their debts.
• IVA (Individual Voluntary Arrangement): A formal agreement to repay debts over a period.
• Debt Management Plan (DMP): An agreement with creditors to repay debts in a structured way.
• Repossession: When a lender takes possession of a property due to missed mortgage payments.
• Mortgage Options:
• Adverse Credit Mortgages: Specifically designed for individuals with a poor credit history.
• Shared Ownership Mortgages: Some schemes may allow for mortgages with adverse credit.
• Considerations:
• Interest Rates: Adverse credit mortgages may have higher interest rates than standard mortgages.
• Loan-to-Value (LTV): Lenders may be less likely to offer a high LTV, meaning the borrower may need a larger deposit.
• Time Since Adverse Credit: The time elapsed since the adverse credit event can influence the lender’s decision.
Adverse Credit Mortgages
Helping You Move Forward — Even With a Bumpy Credit History
If you’ve had a few financial setbacks — missed payments, defaults, CCJs, or even bankruptcy — we get it. Life happens. At iM Mortgages, we specialise in helping people with adverse credit get approved for mortgages with lenders who see the full picture, not just the numbers.
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Can You Get a Mortgage With Bad Credit?
Yes, you absolutely can.
You may need a bit more planning. Maybe a larger deposit. But there are specialist lenders out there who will work with you — and we know exactly who they are.
Let us match you with the right one.
[Check Your Mortgage Options] – Takes 60 seconds, no impact on your credit
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What Is Adverse Credit?
Adverse credit just means you’ve had some trouble managing credit in the past. Here’s what that might look like:
• Missed or late payments – One or two won’t stop you.
• Defaults – These look worse on paper than they often are.
• County Court Judgments (CCJs) – Especially if they’re small or paid off, lenders may still consider you.
• Individual Voluntary Arrangements (IVAs) – If it’s complete or almost there, you still have options.
• Bankruptcy – You’ll need to be discharged, but it’s not a dead end.
We work with people facing all of the above — every day.
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What Will Lenders Look At?
Each case is different, but lenders will typically consider:
• How recent the credit issues are
• Whether your debts have been paid off (satisfied)
• The number of issues
• Your deposit size
• Your income and affordability
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How Much Deposit Will I Need?
This depends on your credit history, but here’s a general guide:
• Missed payments: From 5–10%
• Defaults & CCJs under 2 years old: 15–30%
• Bankruptcy or recent IVA: 25% or more
A bigger deposit = more options, but we’ll help you find the best route based on where you’re at.
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First-Time Buyer? Don’t Stress
Being new to the housing ladder is tough enough — add bad credit and it’s easy to feel overwhelmed. That’s where we come in.
We’ve helped loads of first-time buyers with imperfect credit get their keys. We’ll do the same for you.
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How iM Mortgages Can Help
We’re a mortgage broker that:
• Listens before we recommend
• Works with specialist lenders open to adverse credit
• Keeps things simple and stress-free
• Guides you every step of the way — no jargon, no pressure
You won’t get judged. Just real advice from real people who care about helping you move forward.
Ready to Find Out What’s Possible?
Let’s see what options are out there — you might be surprised.
[Check My Eligibility] – No credit check, instant feedback
[Speak to an Advisor] – Friendly, honest guidance
Enter your details into our contact form below
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A qualified advisor will contact you to discuss your requirements, within 24 hours
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Mortgage Advice made simple – Online, by Phone or face to face (within thirty miles of Birmingham)
Adverse Mortgage Brokers are here to support you in finding the right mortgage for you, based on your previous adverse credit history. On completion of your enquiry form, your details are sent to our whole of market mortgage brokers at iM Mortgages, who specialise in adverse mortgages, and they aim to contact you within 48 hours, to discuss your adverse circumstances and requirements or alternatively they are available 7 days a week and can offer appointments Online or over the phone at a time to suit you.
By choosing us to submit your mortgage enquiry for an adverse mortgage specialist broker firm, it will save you money and time by letting our partners take care of your mortgage needs and in finding you the right deal by offering a choice of online, phone or face to face (within thirty miles of Birmingham) mortgage advice.
Are you Looking for a mortgage broker to help with your Adverse Mortgage needs? but don’t want to spend hours finding a suitable firm or finding the right rate based on your personal circumstances. Don’t know where to start? Do you want professional advice from a qualified and a whole of market broker?
At adversemortgagebrokers.co.uk we will help you find a broker firm who will work for you and do all the challenging work in finding the right lender and rate, based on your adverse circumstances. We manage your enquiry immediately and arrange for a broker firm to discuss your requirements initially by phone and/or email, there is no need to wait for an appointment or deal with numerous lenders.
