It’s not always easy getting a mortgage with bad credit history or credit problems. However, there is help at hand if you use a specialist adviser who understands this area.

We have a large panel of mortgage advisers specialising in bad credit mortgages, more of which you can find out about by visiting our dedicated bad credit mortgage page.

By contacting us today, you could get yourself on the first steps of the property ladder, re-mortgaging, or getting a buy to let property.

But what are bad credit problems, and why can it often present difficulties for those looking to get a home loan?

What are credit history problems?

Credit problems can also be referred to as:

  • Poor credit
  • Bad credit
  • Adverse credit
  • Low credit score

Who will give me a mortgage with bad credit problems?

Whatever you call it, bad or poor credit doesn’t have to stop you getting a mortgage.

There are many lenders who will take a sympathetic approach to applicants who have experienced credit problems.

Our advisers have access to a wide panel of lenders prepared to offer bad credit mortgages.

It is not at all uncommon for people to experience some type of credit problems during their adult life and there can be any number of life experiences that can cause temporary financial difficulties.

Here are just a few of things that specialist lenders will view as an understandable life time event that can cause temporary credit problems:

  • Divorce/ relationship breakdown
  • Redundancy
  • Illness
  • Accident of injury
  • Death in family

In addition to some of these life events that can cause financial difficulties there are also many other reasons why people can have a blip in their payment record.

  • Sudden unexpected expense such as car repairs
  • High utility bills
  • Urgent home maintenance
  • Lower than expected income, reduced working hours/overtime/bonus
  • …and many more

Let us help you

If you have experienced financial difficulties for any reason, we can find you an adviser who will listen and advise on the best way forward.

Specialist Mortgage Online have advisers waiting who regularly deal with this type of mortgage enquiry.

The adviser that we refer you to will be experienced and sympathetic when dealing with your application and they will know the lender most likely to approve you for a mortgage.

This can include issues such as:


CCJ stands for ‘County Court Judgement’, which is a type of court order directing someone to repay an outstanding debt. Lenders can apply to the Small Claims Court to obtain one against you if any of your accounts go into default. It’s their way of getting you to pay.

You do not have to attend court for a CCJ to be issued against you. Once issued, they will stay on your record for 6 years. High Street lenders will often not lend to anyone with a CCJ especially if the lender bases their lending decision on credit score as the CCJ commonly has a large adverse effect on that score.

We mentioned earlier that it is not unusual for someone to experience credit problems. It may in fact surprise you to learn that in 2017 there were over 1 million CCJs registered against consumers in England and Wales.

If over 1 million CCJs were issued we can safely assume that the number of accounts with mild or medium arrears would be much higher, so if you thought you were alone with your credit problems, then think again!


Every lender will have different rules for how many payments you’re allowed to miss before they will declare your debt as being in ‘default’. Some lenders will allow you to miss up to 6 payments, but for some lenders you may only be able to miss two payments. Once you have missed enough payments for a lender to consider you in default they will issue you with a default notice.

Usually defaults are issued as a final warning before taking court action and therefore are not normally viewed as seriously as a CCJ. Your adviser will know the lenders that offer the best terms to people with defaults on their record.

Low Credit Score

Some High Street lenders will use a credit score method to asses whether they feel you are a suitable enough risk to be offered a mortgage. A credit score is a tool used by lenders to help determine whether you qualify for a loan or mortgage.

Using the information on your credit report and any additional information you supplied as part of your application, lenders use a mathematical model to calculate a score that represents your credit history.

Some lenders use this to assess what kind of borrower they believe you are, and how likely it is that you will manage your repayments. If your score is below their threshold then they will view you as high risk and be unwilling to lend.

The type of things that can have an adverse effect and reduce your credit score are:

  • CCJs
  • Defaults
  • Missed credit card payments
  • Missed loan payments
  • Not being on the electoral role

Specialist Mortgage Online will put you in touch with an adviser that has access to lenders that do not use credit score to assess your application. These lenders make their decisions based on human underwriting decisions using such things as your current circumstances and the explanations that you provide for past problems.

In fact, many lenders will completely ignore CCJs or missed payments if they occurred 2 or more years prior to your mortgage application. Even if your credit problems are more recent, there are often mortgage plans available.


Possibly the most severe and far reaching credit problem people can have is Bankruptcy.

Bankruptcy is a last resort and when under a bankruptcy order it is impossible to get a mortgage, BUT bankruptcy doesn’t have to mean forever, and our advisers have access to lenders who will offer mortgages to clients who have been out of bankruptcy for as little as 12 months.

Even if you have been unfortunate enough to have experienced a Bankruptcy Order, providing you are able to put down a suitable deposit or have sufficient equity, and demonstrate that your financial problems are behind you, then a recent bankruptcy should not put gaining a mortgage out of reach.

Again, we have advisers that know how to prepare an application for lenders that will lend to recently cleared bankrupts.

If you have a less than perfect credit record and are looking to re-mortgage your existing home or purchase a new one, Specialist Mortgages Online Ltd will put you in touch with a qualified adviser who is an expert in dealing with people with credit problems.

What you should do next

With one quick phone call or email into our friendly team, you could quickly find out whether or not you will be able to get a mortgage.

Our advisers are specialists in bad credit mortgages and will be able to tell you how you can get a mortgage with bad credit history.