Credit Problems

We can help if you have a bad credit history

The Mortgage Centre is here to help, whatever your financial circumstances. Our specialist team has the expert knowledge you’ll need to know if you don’t typically fit the traditional lender’s criteria.

Our expert advisers will support you through the bad credit mortgage process providing you with first-class, independent mortgage advice on all the options available, whatever your situation; first-time buyer, home mover, remortgaging, buy-to-let or Right to Buy.

We can help whatever the circumstances of your bad credit rating, including (but not limited to):

  • Mortgage, secured loan and rent arrears
  • County Court Judgements (CCJs)
  • Defaults
  • Individual Voluntary Arrangements (IVA)
  • Discharged bankrupt
  • Repossession
  • Self-employed with no accounts

We will provide you with no nonsense, independent mortgage advice on all the options available, whatever your situation.

Don’t worry if you have had problems when applying for credit in the past, speak to a Mortgage Centre advisor today - we’re positive we can find the best solution for you.

The overall cost for comparison is 8.8% APR

The actual rate available will depend upon your circumstances. Ask for a personalised illustration.


Debt Consolidation

If you have loans, credit cards or store cards with different companies you may be able to make use of the equity in your property and incorporate these into your mortgage, leaving you with:

  • One simple monthly repayment
  • A lower amount to pay each month

However, you must make a cost-benefit analysis in this situation - your lower monthly payments may make paying off your loan easier in the short term. However, it also means that you will be making repayments for a longer period and will, therefore, ultimately be paying back a considerably larger sum than if you had carried on with larger monthly payments. This is likely to be the case even if you take advantage of the lower interest rates offered by many lenders.


Think carefully before securing other debts against your property. Your home may be repossessed if you do not keep up repayments on your mortgage.


We normally charge no fees although depending on your circumstances a fee of up to 1% of the mortgage amount may be charged.

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The mortgage amount shown is intended as a guide only. The actual amount you will be able to borrow could be more or less than this figure and depends upon your personal circumstances.

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The monthly payment shown is intended as a guide only. The actual amount you will have to pay each month could be more or less than this figure.

The figures shown for repayment of an interest only mortgage only refer to repayment of the interest. The cost of repayment of the amount borrowed is not included.
Reg Details - Gloucester Property Centre Limited. Registered in England and Wales, No. 4164045. Registered Office: 6-8 Sabre Close, Quedgeley, Gloucester GL2 4NZ
The Mortgage Centre is a trading name of Gloucester Property Centre Limited, which is an appointed representative of the following companies which are authorised and regulated
by the Financial Services Authority for advising on and arranging the products shown:
Legal & General (Portfolio Management Services) Limited (life assurance, pensions and investments) and Legal & General Partnership Services Limited (mortgages and insurance). Approval #H84813
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