SPECIALIST ADVERSE CREDIT MORTGAGE ADVICE
Worried your credit history could affect your mortgage? Our specialist advisers can help you understand your options.
145+ Reviews
Question 1 of 3
Choose the option that best fits your situation.
An approximate answer is absolutely fine.
This helps the team understand where you are in the process.
Tell us how to get in touch and one of the team can pick this up with you.
A subprime mortgage in the UK is a mortgage designed for borrowers whose credit history does not meet mainstream prime lender criteria. The UK subprime market covers everything from near-prime cases (small historic blips) through to heavy adverse (recent bankruptcy, IVA, multiple CCJs). Specialist UK lenders consider cases across this full spectrum, with rates and deposit requirements varying by severity.
The UK subprime mortgage market is substantial, with dozens of specialist lenders offering products for borrowers with CCJs, defaults, DMPs, IVAs, bankruptcy history or missed payments. The market tiers roughly as near-prime (small historic issues), light adverse (one or two historic events), medium adverse (several events or more recent ones) and heavy adverse (recent major events like bankruptcy or IVA).
A specialist broker places subprime cases where mainstream brokers would not look. The specialist UK lender market is largely intermediary-only, meaning borrowers cannot easily approach these lenders directly. Case placement is the broker’s core value: matching the specifics of your file to the specialist lender whose criteria fit.
We talk through your situation and goals. No obligation, no credit mark.
We assess the specifics and everything else lenders will want to know.
We target the specialist lenders whose criteria fit your case.
We package the case, submit it and guide you through to offer.
We are an FCA-regulated specialist mortgage broker, authorised under Firm Reference 1002905. Our day-to-day work is heavy on cases that fall outside mainstream lender criteria, which is where whole-of-market access matters most.
You deal with named advisors who place these cases every week, not call centre staff reading from a script. The result is faster assessments, straighter answers and better case placement.
A subprime mortgage is a mortgage designed for borrowers whose credit history does not meet mainstream prime lender criteria. Rates sit above prime to price for the additional risk.
The UK subprime mortgage market is served by specialist lenders, most of which are intermediary-only (available through brokers rather than direct).
Subprime rates sit above mainstream rates by varying margins depending on the severity of the adverse credit. Near-prime cases are close to mainstream; heavy adverse cases pay more.
Yes, this is a common path. As adverse credit ages and clean conduct extends, remortgaging onto a mainstream product with better rates becomes possible after a few years.
Deposit requirements vary by severity. 15% is the typical minimum for near-prime cases; heavier adverse cases may need 25%+.
Not necessarily. Minor historic issues may still fit mainstream criteria. Specialist advice determines whether your file sits in prime or subprime territory.
No. An initial conversation and look at your situation is a soft enquiry and leaves no mark on your credit file.
Our office is in Nottingham, at Park Lane Business Centre, NG6 0DW. You do not need to visit. We help UK subprime mortgage clients by phone, email and video.
A free initial chat gets you a clear view of what’s actually possible. Soft search only, no obligation, no commitment.
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 authorised and regulated by the Financial Conduct Authority under Firm Reference Number 1002905, an Appointed Representative of TMG Direct Limited (FRN 786245) which is authorised and regulated by the Financial Conduct Authority. The guidance contained within this website is subject to the UK regulatory regime and is therefore targeted at consumers based in the UK.
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.
