Adverse
Some mortgage lenders offer mortgages for people with credit problems. These are known as credit impaired mortgages or sub-prime mortgages.
When applying for a mortgage the lender will check your credit history. If your credit history is judged to be poor some lenders may not offer you a mortgage. Other lenders may be willing to lend to you but often the rates for bad credit mortgages are higher than standard mortgages.
There are a number of lenders who offer credit-impaired mortgages so it is worth shopping around for the best deal which is where Crystal Clear Mortgages can help.
Many of these Lenders are not available on the high street and are only available via a Mortgage Broker.