Adverse Credit Mortgages in Manchester
Specialist help for Manchester buyers and homeowners whose credit history has a few bumps in it. Whole-of-market advice from a regulated broker.
- Access to the whole market, including specialist adverse credit lenders
- Free, no-obligation initial chat about your situation
- An enquiry here leaves no mark on your credit file
If a high street bank has turned you down, it is easy to assume that is the end of the matter. For most Manchester buyers with adverse credit, it really isn't. High street lenders run rigid, automated checks, and a single black mark can trigger a no regardless of the wider picture. Specialist lenders work differently.
From our base in Nottingham we advise people right across Manchester, almost always by phone and video. You get the same depth of advice whether you are around the corner or at the other end of the country.
The real skill is knowing the market. Some lenders will not touch a recent default, others barely register it. Pointing your application at the right one first time protects your credit file and saves you weeks of wasted effort.
We start every case the same way, with a free, no-pressure chat about what is on your file and what you want to do. From there you will know exactly where you stand.
The criteria specialist lenders judge you on
Specialist lenders publish detailed criteria, and they are far more flexible than the high street. Four areas come up again and again, and each is one we can help you present well.
Age of the event
Almost every specialist lender ties its criteria to how long ago an issue happened. Crossing the one, two and three year marks steadily unlocks more options.
Nature of the event
Lenders distinguish sharply between types of adverse credit. A communications default is minor to many, while recent secured arrears narrow the field considerably.
Settlement status
Whether a debt is satisfied is one of the clearest signals a file can carry. Recorded satisfactions widen your choice and improve your rate.
Current circumstances
Your income, deposit and recent credit behaviour all feed the decision. A strong present position can outweigh an imperfect past.
We help Manchester clients in situations like these
How we get you to yes
Start the conversation
A free, friendly chat is all it takes to begin. Tell us your situation and we will give you a straight answer.
We map your position
We work through the detail of your file and finances, so we and you both know exactly what a lender will see.
We target the right lenders
We match your case to the specialist lenders most likely to say yes, and compare what they can offer.
We manage everything
From application to offer, we handle the lender, the documents and the chasing, so you do not have to.
A regulated broker who does this every day
Adverse credit lending is not a sideline for us, it is a core part of what we do. We have helped thousands of clients secure mortgages across the full range of credit situations, from a single missed payment to bankruptcy discharge.
You will work with qualified, named advisors who explain things honestly, including when the timing is not yet right. We would rather give you a straight answer than send you towards a rejection.
Adverse credit situations we cover
Bad credit mortgages
Our core service for any kind of adverse credit history. Start here if you are not sure which applies to you.
Mortgage with a CCJ
How a County Court Judgment affects your application, and which lenders will still consider you.
Mortgage with an IVA
Options during and after an Individual Voluntary Arrangement.
Mortgage with a default
Why the type, age and status of a default matters more than its existence.
Mortgage after bankruptcy
Routes back to home ownership once you have been discharged.
Self-employed with bad credit
Combining variable income with an imperfect credit file.
Adverse credit mortgages in Manchester: your questions
Where is your office, and do I need to visit?
Our office is in Nottingham, at Park Lane Business Centre, NG6 0DW. You do not need to visit us. We help Manchester clients by phone and video, which is how most adverse credit advice is handled, so you get the same level of service wherever you are.
Will checking my options affect my credit score?
No. An initial conversation and a look at your situation is a soft enquiry and leaves no mark on your credit file. A hard search only happens later, with your permission, when you formally apply to a specific lender.
Will my bad credit affect how much I can borrow?
It can. Some specialist lenders cap the loan-to-value or the income multiple for adverse cases, so your maximum may be lower than for a clean applicant. We work out a realistic figure before you start house-hunting.
What counts as bad credit?
Missed or late payments, defaults, county court judgments, an IVA, a debt management plan, bankruptcy or repossession all count. Even a thin credit file with little history can make high street lenders cautious.
Do you work with people outside Nottingham?
Yes. We are based in Nottingham but we advise clients right across the UK, and almost everything can be handled by phone, email and video. Where you live does not limit the advice we can give.
Talk to us
Ready to see what is possible?
A short, free conversation is the quickest way to find out where you stand. No pressure, no jargon, and no mark on your credit file.
Think carefully before securing debts against your home. Your home may be repossessed if you do not keep up repayments on a mortgage or any other debt secured on it.
My Mortgage Specialist Ltd is registered with the Data Protection Act 1998 registration No. ZB679050 and is authorised and regulated by the Financial Conduct Authority under Firm Reference Number 1002905, an Appointed Representative of TMG Direct Limited which is authorised and regulated by the Financial Conduct Authority under Firm Reference Number 786245 and registered with the Data Protection Act 1998 registration No. ZA178200. The guidance and/or advice contained within this website is subject to the UK regulatory regime and is therefore targeted at consumers based in the UK.
My Mortgage Specialist Ltd. Registered Office: 11a Park Lane Business Centre, Park Lane, Nottingham, NG6 0DW. Registered in England Number: 14430556.
Some types of buy to let mortgages are not regulated by the Financial Conduct Authority. As a mortgage is secured against your property, it could be repossessed if you do not keep up the mortgage repayments.