Adverse Credit Mortgages in Leicester
Specialist help for Leicester 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
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Whole-of-market broker
No upfront advice fees on most cases
A few missed payments or an old default can make a mortgage feel out of reach, and plenty of Leicester buyers assume the high street is the only door to knock on. It isn’t. A whole category of specialist lenders exists precisely for people whose credit file has some history on it, and they look at your situation very differently from a typical bank.
We are a mortgage broker based in Nottingham, working with clients across Leicester and the surrounding area. Most of our adverse credit advice happens by phone and video, so where you live makes no difference to the quality of help you get.
What does make a difference is matching you to the right lender first time. Apply to the wrong one, collect a rejection, and that footprint can make the next application harder. Our job is to know which lenders are comfortable with your particular type of credit history, and to point you at them rather than letting you find out the hard way.
Whether your credit issue is a single CCJ from a few years ago or something more recent and complex, the first step is the same: a free conversation where we look at your file and tell you honestly where you stand.
Source: Registry Trust, official maintainer of the Register of Judgments for England and Wales. registry-trust.org.uk
How specialist lenders actually assess adverse credit
High street banks tend to run a simple pass or fail credit check. Specialist lenders work in a more human way, weighing up the full picture rather than reacting to a single black mark. Four factors carry the most weight.
How long ago it happened
Time is the single biggest factor. A default from four years ago is treated very differently from one registered last month. Many lenders work in bands, easing their criteria as your issues age.
The type and size of the issue
A small communications default is viewed far more leniently than a large secured arrears or a recent CCJ. Lenders group adverse credit into categories and price each one differently.
Whether it has been settled
A satisfied CCJ or a cleared default shows you resolved the problem. That is a meaningfully stronger position than an outstanding balance still sitting on your file.
Your situation since
Lenders want to see stability returning: steady income, a sensible deposit, and a clean recent track record. A clear run of on-time payments since the issue carries real weight.
We help Leicester clients in situations like these
How we work
Get in touch
Call or send the form. We have a free, no-pressure chat about your credit history and what you are hoping to do.
We review your file
We look at the detail of your credit situation and your income, then identify the lenders most likely to say yes.
We find your options
We search the whole market, compare suitable specialist products, and explain the realistic costs in plain English.
We handle the application
We package your case properly and manage it through to offer, keeping you updated at every stage.
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 Leicester: 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 Leicester 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.
Can I really get a mortgage with bad credit?
In many cases, yes. Specialist lenders consider applicants with CCJs, defaults, missed payments, and even bankruptcy or IVA history. Whether you qualify depends on the type, size, age and status of the issue, along with your income and deposit. The honest answer comes from looking at your actual credit file, which is exactly what our free initial chat is for.
Will speaking to you affect my credit score?
No. An initial enquiry and our review of your situation leave no footprint on your credit file. A formal application is only made once you are happy to proceed and we have matched you to a suitable lender.
Will I pay a higher interest rate?
Adverse credit mortgages often carry slightly higher rates and may need a larger deposit, because the lender is taking on more perceived risk. How much higher depends on your circumstances. As your credit recovers, remortgaging onto a better rate later is frequently an option, and we will flag that when the time comes.
How long after a CCJ or default can I apply?
There is no single waiting period. Some lenders consider applications very soon after an issue, while better rates usually open up as it ages past the one, two and three year marks. A satisfied judgment also helps. We will tell you whether applying now makes sense or whether a short wait would put you in a stronger position.
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.