Subprime Mortgages

When you have impaired credit or poor credit scores, any loan that is approved with a security backed up is known as subprime mortgages. Adverse credit mortgage is often known as subprime mortgage as it is a mortgage approved with despite bad credit scores.

Adverse credits are no more considered ‘unsuitable’ for mortgages. Sub prime mortgages are specially designed to suit CCJ, bad credits, arrears and IVA cases. Having a CCJ against you and unpaid debts may bring adverse credits to you but this should not deter you from buying a property. Hence, we provide you equal opportunity to buy property just like any other borrower with good credits. Sub prime mortgage lenders are dsedicated to people with bad credits. If you are one of them, then reach our mortgages with subprime experts!

These are also popularly known as ‘non status mortgages’. Having a poor credit status will not hamper a subprime mortgage lender, hence, it is known as a non status mortgage. Moreover, you don’t have to show any signs of financial stability such as be employed, be able to prove income, have a consistent address and credit history.

How can subprime mortgages help?

• Self-Employed with no accounts
• No proof of income
• CCJs, Arrears, Defaults, repossessions
• Consolidate your debts by raising funds
• Individual Voluntary Arrangements conducted fairly and efficiently
• Bankrupts discharged

Be prudent about your subprime mortgage UK payments on time and stick to your budget so that you can replenish your damaged credit scores.