Finding a mortgage with a poor credit history is difficult and has to be approached very carefully because of the shortage of lenders available in this market. Having the advice of a qualified Poor Credit Mortgage Broker will greatly enhance your chances. With only a few sub prime lenders to choose from, getting it right first time is very important.

Steven Neale – Specialist Bad Credit Mortgage Broker

Our experience as first time buyers was simply exceptional! We have been guided through the mortgage process and buying our first home has been an easy journey thanks to your professionalism and efficiency.

13th Jan 2022

After thinking I was going to lose the new home I had fallen in love with, Steven worked hard with me and understood my circumstances. I was at the point of nearly giving up and within 4 weeks I had a full mortgage offer. Thank you for making my dreams come true. I would highly recommend your services. Absolutely no bull or jargon.

T Jones
10th Jan 2022

The service we have received has been amazing. We were kept up to date every step of the way. Honestly, the relief on my face when I received your email with the mortgage offer was priceless. I can not thank you both enough you are both amazing at what you do. We can not thank you enough for everything, Thank you so much, you have made our dreams a reality.

4th Nov 2021

Thank you foremost for choosing to specialise in adverse credit services for people. All we read online is that it is not possible or easy to get any form of credit when you have or settle an IVA and I’m so glad I kept looking and found you. You have helped us more than you’ll ever realise. We are so happy to have a chance to start again and be able to remain on the property ladder, all thanks to you.

1st Nov 2021

I would highly recommend Steve and Sue. Getting a mortgage seemed to be difficult for me at first when speaking to another advisor, I very nearly gave up due to the lack of effort and communication. Once we got in touch with Steve everything fell into place. Both Steve and Sue were very professional and informative throughout the process.

27th Jan 2022

Steven & Sue have been absolutely amazing through the whole process – extremely calm, organised and helpful. We will definitely be using them in the future and would highly recommend them to family & friends.

20th Sept 2021

Steve and Sue have been absolutely amazing. I was really worried about my financial history meaning I wouldn’t be able to get a mortgage but they were nothing but supportive and non-judgemental, always available to explain things and answer questions as well as extremely efficient.

18th Jan 2022

The professionalism of Steve and Sue is second to none. We were advised of our options and guided through the application process every step of the way. The big thing for us was the personal touch and relationship we built. My wife and I both agreed it felt like Steve and Sue are so motivated because they actually want to help. Probably the best professional service I have ever used so if you find yourself in need of a specialist mortgage broker look no further. Great service great people.

28th March 2022

Struggling to ‘get back’ on the housing ladder after 15 years and being ‘self-employed’ was proving near enough impossible, until we found Steve & Sue. They found us a lender that would use my ‘day-rate’ rather than the usual ‘self-assessment’ and even though there was stumbling blocks along the way, they get us over the line with a ‘mortgage offer’! We can’t thank them enough and would definitely have no hesitation in using them again!

28th July 2021

A fantastic service provided by SN Mortgages once again. Highly recommend SN Mortgages, they have been brilliant at finding the best rates for us, keeping in regular communication and quite frankly achieving the impossible! Where other brokers fail to come back to us or could not find a deal, SN would always go the extra mile and revert back. Thank you so much!

22nd July 2021

We are so grateful to Sue and Steve for all their effort in helping us get our mortgage. Their knowledge and clear love of their job shines through and they have been on hand to answer all our questions no matter how silly or small. They have clearly explained everything from start to finish which has made us feel so much more at ease throughout the whole process. We can’t recommend them enough!

1st July 2021

Help to buy mortgage with bad credit

A poor credit history does not mean you cannot get a Help to Buy mortgage and with as little as a 5% deposit owning your own home may be closer than you think.

What is the Help to Buy scheme?

The government’s Help to Buy scheme aims to help first time buyers to buy a new build property while only having to save up a 5% deposit. The scheme includes an equity loan of 20% of the property value (up 40% in London), which gives prospective home buyers a 25% or 45% deposit overall. 

How does it work?

If you’re looking to buy a new build property costing £250,000, the Help to Buy scheme would provide an equity loan of £50,000 (20%) and you would be expected to provide £12,500 (5%), giving you a total deposit of £62,500 (25%). You would then need to take out a Help to Buy mortgage for the remaining £187,500 (75%).

Who can get a Help to Buy mortgage?

Most people are eligible to apply for the Help to Buy mortgage scheme if they meet the following criteria:

  • You are a first-time buyer
  • You do not own any other properties
  • The home you want to buy is a new build
  • The purchase price is not higher than £600,000
  • You have a 5% deposit which can be a gift from your family

Can you get a Help to Buy mortgage with bad credit?

Yes you can. A few years ago, there were very few lenders who would consider offering a Help to Buy mortgage to someone with poor credit. Today, I work with 8 different specialist mortgage lenders who can provide Help to Buy mortgages for those with bad credit. 

  • Missed and late payments
  • Defaults and CCJs
  • Debt management plans
  • IVAs
  • Mortgage arrears
  • Bankruptcy

Before applying for a Help to Buy mortgage, it’s important that you check your credit file to understand whether you have any issues, such as missed payments, defaults or CCJ’s for example. You could look at one of the free reports from Equifax’s ‘Clearscore’ or TransUnion’s ‘Credit Karma’ or use Check My File for free for 30 days and then £14.99 a month – you can cancel online anytime – which checks all three.

Can you get a Help to Buy mortgage with defaults?

I know of several lenders who can provide Help to Buy mortgages with defaults. I’ve helped many clients who did not think it would be possible to get a mortgage with defaults on their credit file. 

The particular circumstances of the defaults will determine how likely you are to be acceptable for a Help to Buy mortgage, such as how long ago the default was registered, how much it was worth and whether it has been repaid, but in most cases I am able to help.

Can you get a Help to Buy mortgage with a CCJ?

I’ve helped a lot of clients who happened to have a CCJ registered on their credit file to get a Help to Buy mortgage. I work with multiple specialist lenders who can provide Help to Buy mortgages with CCJs.

As with defaults, the details of the CCJ are important. If it was registered a month ago, you are extremely unlikely to be accepted. However for CCJs which are over 12 months old, I can certainly help.

Can you get a Help to Buy mortgage after bankruptcy?

Getting a Help to Buy mortgage after bankruptcy may seem like an impossible task, but I’ve helped clients do just that. I work with one particular adverse credit lender who can provide a Help to Buy mortgage for those who are discharged bankrupt.

The lender will need to understand how the bankruptcy came about and what the current status is before being able to consider you for a Help to Buy mortgage.

Can you get a Help to Buy mortgage with an IVA?

I know of a single adverse mortgage lender who is able to provide Help to Buy mortgages to those with an IVA. Help to Buy mortgages can be offered whether the IVA is completed or still active provided it is cleared before completion.

As with all credit problems, the mortgage lender will need to understand the reasons for the IVA and the current status.

Why you should use a broker for a Help to Buy mortgage with poor credit

Getting a Help to Buy mortgage with bad credit is not an easy task, due to the limited number of lenders available. It can be almost impossible to get a Help to Buy mortgage with poor credit from a high street lender.

With this in mind, it’s very important to get the application right first time. The best way to do that is to use a specialist bad credit mortgage broker for your Help to Buy mortgage, such as myself.

For more information on Help to Buy mortgages with bad credit, please call me 01494 526400 or complete my online enquiry form.

For first time buyers in Scotland, I can also help with First Home Fund mortgages with bad credit.


Years of Experience

I specialise in Bad Credit Mortgages for people who have a poor credit history because of any number of reasons.

Choice of Lenders

I am a Whole of Market, Mortgage Broker meaning I can talk to every lender to see about finding you the right mortgage.

Saving You Money

As a specialist Mortgage Broker for over 30 years I have a great deal of experience that will help save you time & money.