mortgage, first time buyer, remortgage, adverse credit, buy to let, home buyer financial services

Adverse credit - The overall cost for comparison is 6.9% APR, the actual rate available will depend on your circumstances. Ask for a personalised illustration.
Bad credit - The overall cost for comparison is 7.3% APR, the actual rate available will depend on your circumstances. Ask for a personalised illustration.
Self Cert - The overall cost for comparison is 6.5% APR, the actual rate available will depend on your circumstances. Ask for a personalised illustration

Need an adverse credit mortgage? Got bad credit? Can’t prove your income? (Self certification mortgage), Missed payments or have CCJ’s? Whatever your circumstances Mortgagebug CAN HELP, we help clients each month and get them the mortgage they need.

Take a look at our Testimonials to see how mortgagebug have helped clients get a mortgage that have adverse credit, bad credit, CCJ's, and missed payments.
Financing for a mortgage couldn't be easier with mortgagebug. Our job is to enable you to buy or remortgage a property.

Talk to one of our mortgage brokers today and they will search the market for you to find a competitive deal throughout the UK.
It’s no obligation so contact us now.

Mortgage

In the Norman conquest of England, Law French language was introduced into the courts and legal system. This is the earliest original of the now widely used term mortgage, which literally translates to death vow. It is a form of financing that can enable the borrower to buy property or estate without having the full amount themselves. The lender or the money or amount usually charges a monetary interested to the lender in order to make a profit from the situation themselves.

In the UK, the base interest rate is set by the Bank of England. Different finance houses decipher how much interest you would pay using several calculations. These can include, but are not limited to, the actual amount you would like to borrow, your recent credit history and how much deposit you can afford to pay. It does pay to shop around and compare quotes from a few different lenders to find the best deal for you. Banks, building societies and actual lenders are businesses who are actively seeking new customers, so shopping around can save you money in the long run.

Mortgages

Depending on your current financial status, there are a plethora of different mortgages on the market. These range from a standard repayment mortgage, interest only mortgage, 100%, 95% and endowment through to tailor made packages for first time buyers and for those looking at buying a house, with the intention of renting it out. These are generally termed buy to let.

For people with little, no or adverse or bad credit history, there are also specific types of borrowing available. Fairly recent additions to the market place are things like non status and self certification lending. These are specifically designed to help people with little or no proof of income, like the self employed and company directors buy property. You will normally find that in these cases, and all adverse credit situations, you will have to pay slightly more in interest charges and/or pay a larger deposit.

You can actually check your own credit rating online through either Experian or Equifax. This may be able to help you get a better deal with the broker or lender, by finding out what is causing you to suffer from an adverse history and rectifying it. If you already have a mortgage, and are looking at buying another home, you can apply for a second mortgage or a remortgage. If you remortgage, you may bring your monthly repayments down, but tend to pay the smaller amount over a longer period of time. You can also get a commercial mortgage which is specifically tailored for business people looking to buy a building to conduct their business from.

Apply for a mortgage

mortgagebug do not offer a full financial planning service,we are mortgage brokers not actual lenders, but work with mortgage lenders to find you a mortgage. For this we receive a credit or commission from the actual lender. You can apply for a mortgage through us by simply filling in the enquiry form opposite. We will look for a mortgage that can suit your current financial situation. You can also send us an email or give us a call on our free phone number. We look forward to helping you find finance for a new house or home.

Other pages which you might find useful on mortgagebug.co.uk:

Calculator mortgage | Loan mortgage |
Bad credit mortgage | Mortgage quote |
Buy to let mortgage | Commercial mortgage |
Adverse credit mortgage | Mortgage UK |
Mortgage refinance | 100 mortgage |
Flexible mortgage | Cheap mortgage |
Adverse credit lender mortgage | Advice mortgage |
Mortgage remortgage | Bad credit mortgage UK |
Fixed mortgage | Bad credit lender mortgage |
Home mortgage UK | Home loan mortgage |
Bad credit loan mortgage | Adverse credit mortgage UK |
Bad credit mortgage refinance | Halifax mortgage |
Business mortgages | Adverse credit in mortgage UK |
Home mortgage | Mortgage online UK |