Self-Employed Bad Credit Mortgages in Bristol
Specialist help for self-employed Bristol buyers and homeowners whose credit history has a few bumps in it. Whole-of-market advice from a regulated broker who understands variable income.
- Lenders who accept one year of accounts, retained profit or day rate
- Free, no-obligation initial chat about your situation
- An enquiry here leaves no mark on your credit file
Self-employed people in Bristol often carry the belief that lenders simply do not like them, and adverse credit hardens that belief into certainty. Neither part holds up. There is a healthy market of lenders who actively want self-employed business, and many of them will consider applicants with past credit issues too.
We connect the two by reading your real trading figures, building a clear picture of your credit history and matching both to a lender that fits rather than fights your circumstances.
Deposit and borrowing with self-employed adverse credit
Two factors most clients ask about early, because they shape what is realistic.
Typical deposit
Expect to need more than the standard minimum, often 10 to 25 per cent depending on the severity and age of the credit issues.
Loan to value
A larger deposit widens lender choice and improves the rate, and it can offset a weaker credit profile.
Income multiples
Some specialist lenders cap the multiple for adverse cases, so your maximum may be lower than for a clean file.
Affordability
Lenders stress-test the repayment against your assessed income, which is why the income basis matters so much.
We help Bristol clients in situations like these
Four simple stages
Reach out
A free, no-pressure first chat.
Get clarity
A clear read on your options.
Apply well
A packaged case sent to the right lender.
Get the keys
We guide you through to the end.
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.
Self-employed mortgages with adverse credit in Bristol: 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 Bristol 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 being self-employed and having adverse credit mean a much higher rate?
Specialist lenders price for the added risk, so the rate is usually a little higher than a clean, employed applicant would get. The gap narrows as your credit issues age and your accounts strengthen, and remortgaging onto a better rate later is often possible. A larger deposit also helps bring the rate down.
What if I have been turned down already?
A rejection from one lender does not mean every lender will say no. Different lenders assess credit very differently, and a broker can identify the ones whose criteria actually fit your circumstances. It is worth a conversation before you assume the door is closed.
How long does a bad credit mortgage take to arrange?
It varies with the complexity of your case, but adverse credit applications usually take a little longer than standard ones because lenders ask for more supporting documents. Having your paperwork ready and working with a broker who knows the specialist market keeps things moving.
Which income figure will a lender use for my application?
It depends on how you trade. Sole traders are usually assessed on net profit, company directors on salary plus dividends, and some lenders will also add retained profit left in the company. Contractors are often judged on day rate annualised. Choosing the right basis can materially change what you can borrow, and it is one of the first things we work out with you.
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.