Bad Credit Mortgage Broker — We Get Approved Where Others Can’t

Been turned down for a mortgage because of bad credit? You’re not alone and you’re not out of options. At Option Finance, we specialise in securing mortgages for people with adverse credit histories, including CCJs, defaults, missed payments, debt management plans, IVAs and discharged bankruptcies. We’ve been doing this for nearly 10 years and we know which lenders will say yes when others say no.

What Counts as Bad Credit?

Bad credit covers a wide range of situations. If you have any of the following on your credit file, a standard high street lender may decline you but a specialist broker like Option Finance can still find you a mortgage:

County Court Judgements (CCJs), Defaults, Missed or late payments, Debt Management Plans (DMPs), Individual Voluntary Arrangements (IVAs), Discharged bankruptcy, Repossession.

The severity, age and amount of the credit issue all affect which lenders will consider you and at what rate. That’s why speaking to a specialist matters.

We’ve Got Mortgages Approved in Complex Situations

We don’t just deal with straightforward bad credit cases. We’ve secured mortgages for clients in genuinely difficult situations that other brokers couldn’t solve.

One client came to us with multiple defaults on their credit file. Rather than accepting a decline or pushing them onto an expensive specialist lender, we worked with a high street lender and got them approved at a competitive rate saving them thousands over the mortgage term.

In another case, a client had defaults that were part of a Debt Management Plan. Most brokers would have simply declined or referred to a subprime lender. We explained the context of those defaults directly to the lender, demonstrating they were part of a managed repayment plan rather than reckless borrowing. The lender approved the application at a significantly better rate than the client expected.

These are the kinds of cases we handle every day.

Why Use Option Finance for Bad Credit?

We are a whole of market broker meaning we have access to high street lenders, specialist lenders and everything in between. We know which lenders are most flexible on adverse credit, which ones will consider a CCJ from three years ago differently to one from six months ago, and how to present your case in the strongest possible way.

We don’t just submit applications and hope for the best. We assess your situation first, identify the right lenders before approaching them, and make sure your application gives you the best possible chance of approval.

Our Fees

We charge a broker fee of £999 for bad credit mortgage cases. To make this manageable, we split the payment — £299 is payable on application and the remaining £700 is due on mortgage offer. You only pay the full fee when we get the deal done.

If you’re in a difficult financial situation, speak to us we’ll always try to find a way to help.

Free Initial Advice No Obligation

The first conversation is completely free. Tell us your situation and we’ll give you an honest assessment of your options. No credit checks at this stage, no commitment, just straight advice from a specialist who deals with bad credit mortgages every day.

Call us on 01332 470 400 or fill in our enquiry form to get started.

Your home may be repossessed if you do not keep up repayments on your mortgage. Option Finance Ltd is an Appointed Representative of Finance Advice Group Ltd, which is authorised and regulated by the Financial Conduct Authority.