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

Steve and Sue made the whole process very easy and calming. The advice given set me at ease as I thought I wouldn’t be able to get a mortgage due to credit issues of the past. Highly recommend!

Mr Wright
11th Mar 2020

Thanks both for all your help!

14 Feb 2020

Excellent service, always informed me of any information required in a timely manor.

Ms Ross
13 Feb 2020

Steven and Sue were extremely helpful and knowledgeable and their calming influences made us feel at ease throughout the whole process.

03 Feb 2020

Very obliging, helpful and provided all the guidance we could have expected.

23 Jan 2020

Steve provided an excellent service to us and ensured we had the necessary documentation in readiness for our mortgage application. He was very patient in dealing with all our enquiries looking through several scenarios to suit our situation. The process was seamless and very satisfactory.

13 Jan 2020

SN Mortgages understood our position extremely well, even when there was an unexpected potential move rather than the remortgage.

28 Nov 2019

Thank you – yet again! We have organised a variety of mortgages over the years with SN Mortgages. The mortgage process is always complex by nature, but Steve and Sue always make the ‘journey’ as seamless as possible. Calm, friendly, helpful.

28 Nov 2019

S N Mortgages have provided an excellent service. They have been very accommodating to my personal requirements and provided a timely, yet thorough service. They provided multiple product options and talked me through the benefits in each case. Thank you both for your support and patience.

Mr & Mrs Tarring
14 Nov 2019

Thank you Steve & Sue for all your hard work in in securing a mortgage for us to purchase our first home. No query or question was too much trouble, thanks again.

Mr Hockley & Miss Lee
07 Nov 2019

As always, both Steven and Sue were knowledgeable, helpful, informative, quick and a pleasure to deal with.

Clive Saffron
19 Aug 2019

Can I get a Right to Buy Mortgage with Bad Credit?

Yes is the answer – borrow 100% of the Discounted Purchase Price to buy your Council Home.

I know of 7 lenders that offer 100% Mortgages so you would not need a deposit.

Thank you for taking the time to look at my website and I trust you find the answer you are looking for. Right To Buy Mortgages are readily available from the High Street lenders however many of them will only accept you if you have a clean credit history.

I assume however you are having trouble getting a Right to Buy mortgage because of your credit history but I have access to lenders who will consider you with a poor credit history.

The first thing to do is to download a copy of your credit file from Check My File as they provide data from three credit reference agencies – Equifax, Experian & TransUnion – so it is a good place to start to get an overview of your credit history. It maybe that once I have identified a lender, we get copies of your credit file directly from the agency the lender uses to make absolutely sure your credit history is OK for that particular lender.

Here is the link to Check My File which is free for 30 days and then £14.99 a month – you can cancel online anytime – which checks all three.

I will read it through to make sure you qualify for a mortgage by checking your credit history against their lending criteria.

If your credit history is OK, the next step is to see if you pass the lenders affordability test. I will email to you a short form to complete that will give me all the necessary information about yourself. I then use this information on the lenders affordability calculator to see if you pass.

And when you pass both of those steps, and having been granted the Section 125, we submit a full application to the lender with all other supporting documents they will need to offer you a mortgage e.g. payslips, P60, bank statements, proof of ID ( Passport) proof of address (Driving Licence) Section 125 etc.

As with all adverse credit mortgages, the key to seeing if you can find a lender prepared to lend to you lies in your credit file so it is important I see this as soon as possible.

Here are some of the key points of the Right to Buy Mortgage scheme if you have adverse credit:

  • Up to 6 CCJ’s or Defaults can be considered in the last 12 months
  • Up to 3 missed / late rent payments can be accepted in the last 12 months (only 1 in the last 3 months)
  • Interest only considered
  • No early repayment charges only a £195 Redemption Administration fee.
  • Many income sources accepted – employed, self-employed, DWP, Benefits or Pensions.
  • If you have the Right to Buy but are struggling to find a mortgage, give me a call or drop me an email and I will see how I can help.

Right to Buy in London

With the rise in London property prices over the past few years, now may be a good time to see if you have the right to buy your home from your Landlord.

Right to Buy in London has seen over 250,000 Londoners get onto the property ladder since the Right to Buy scheme was introduced by Margaret Thatcher (source BBC website 12th January 2015) and with discounts for London increasing to £103,900 from April 2015 and the Right to Buy qualifying period being reduced down from 5 years to 3, more and more tenets are now becoming eligible to buy their council home.

To see if you are eligible for the Right to Buy your home, complete this form (RTB1) and send it to your local landlord.

If successful, your Landlord will send you an offer letter (S125) that sets out the terms for you to purchase and you have 12 weeks to get everything in place.

The Governments guide to buying your home is a little out of date regarding the discounts and qualifying period, but is still a very good brochure.

If you have a poor or adverse credit history, you may still be eligible for a Right to Buy mortgage but first download a copy of your credit file from Check My File and email it to me. I will read it through and confirm if you could get a mortgage and then call you back explaining your options.


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.