ADVERSE CREDIT

Providing individual mortgage advice; unique to you

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

When it comes to buying a home, some lenders can take on a rather sanctimonious attitude. They want to deal only with those who have faultless credit histories, perfect work records and adequate deposits. But money problems can affect everyone. Adverse credit problems can be linked to a loan default, county court judgements or being a discharged bankrupt.

Sometimes people get into debt through no fault of their own and, even if they have been to blame, want to sort things out. No-one taking out a mortgage wants to see their property repossessed.

However, some lenders are willing to provide adverse credit mortgages. Deals are unlikely to match standard mortgages; lenders in the adverse credit market - which is also sometimes described as 'sub-prime' or 'non-conforming' - will charge higher rates.

While the lenders clearly want to keep some degree of separation between their standard and adverse credit divisions, the deals they are offering are less punitive than in the past.

A mortgage may not be available in all cases, but rest assured we'll always try our best.

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2 The Landings, Burton Waters, Lincoln, LN1 2TU

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Your home may be repossessed if you do not keep up repayments on your mortgage. 

 

Officially Protected is a trading name of The Official Mortgage Company Ltd of No 2 The Landings, Burton Waters, Lincoln, LN1 2TU which is authorised and regulated by the Financial Conduct Authority.  Our Financial Services Register number is 810956.

 

​Registered Office:. Brunswick House, 86-88 Carholme Road, Lincoln, Lincolnshire, England, LN1 1SP.  Registered in England and Wales. Registered Company Number: 09614654.  Registered in England & Wales.