What's Holding You Back?
You may have faced rejection from a mortgage lender following an assessment of your credit report, and naturally you might feel reluctant to try elsewhere. There might be a number of reasons why your credit score has been impacted, and often you may not know why.
We can help you obtain a new mortgage by finding a suitable lender for your circumstances - with missed payments, defaults, CCJs, and Debt Management Plans all considered.
Our Services
Struggling to Get a Mortgage Because of Bad Credit?
You're not alone - and the good news is, there are still options available. Many people assume that past financial issues automatically mean a "no" from lenders, but that isn't true.
At Albion Financial Advice, we specialise in helping people with bad credit history find the right mortgage. Whether you're buying your first home, remortgaging, going through shared ownership, or using Right to Buy, there are lenders who consider applications even if you've had CCJs, defaults, missed payments, or other credit challenges.
Bad Credit Mortgages At a Glance
A quick look at what a bad credit mortgage is, who it can help, and how we work with specialist lenders to find a realistic way forward.
What Is a Bad Credit Mortgage?
A bad credit mortgage is designed for people with a history of missed payments, defaults, CCJs, or low credit scores. Unlike high street lenders who rely heavily on automated credit scoring, specialist lenders look at your full financial picture, not just the score.
These mortgages are offered by specialist lenders who understand that real life happens. They take a more understanding approach to past financial difficulties and have a range of products to meet varying circumstances.
Circumstances We Can Help With
Life happens. Here are some of the situations we regularly see and support, without judgement.
County Court Judgements
We work with lenders who may still consider your application even if you have had CCJs in the last six years.
Defaults
Some lenders are open to applicants with defaults on their file, including those recorded within the last six years.
Arrears and Missed Payments
We can help even if you have had missed or late payments, including within the past 12 months.
Low or Poor Credit Scores
We consider more than just the number on the screen, matching you with lenders that focus on the wider picture.
Debt Management Plans
Some lenders will consider applicants who are in an active DMP, provided it has been well conducted and affordable.
IVA or Bankruptcy
We work with lenders who can consider applications after IVA or bankruptcy once certain conditions are met.
Defaults, a Debt Management Plan, and a Route Onto the Property Ladder
A couple with two credit card defaults from 2022 and an active debt management plan wanted to buy their first home but had been declined by their bank.
We reviewed their full credit reports, checked that their DMP payments were up to date, and recommended a specialist lender comfortable with recent credit issues.
The Result
An agreement in principle for a shared ownership purchase with a 10% deposit on their share and a clear plan to improve their credit profile over the next few years.
Shared Ownership Mortgages With Bad Credit
Shared ownership can be a powerful option if you have a smaller deposit or a lower income. You buy a share of the property and pay rent on the rest, with the option to buy more over time.
Key Benefits:
Can I get a shared ownership mortgage with bad credit?
In many cases, yes. Some lenders accept buyers with defaults, missed payments, or past CCJs, especially where you have shown recent stability.
Can I staircase to 100%?
Staircasing lets you gradually increase the share you own, usually in steps such as 10%. Each time you buy more, the price is based on a new valuation. As your share grows, the rent on the remaining portion reduces.
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Explore Your Bad Credit Mortgage Options
Our Help With Bad Credit Mortgages
We can turn to mortgage lenders who take a more understanding approach to past financial difficulties, and who have a range of products to meet the varying circumstances of our customers.
These lenders will typically need an intermediary like us to access their products. These will be tiered according to type, value, or quantity of misdemeanours that have been registered and the date these were added to your credit file. In most cases, it is not necessary to satisfy a bad debt to meet the lender's criteria for an impaired credit mortgage.
By understanding the unique criteria of one lender over another, we can better recommend the most appropriate option for you - whether this is simply to obtain a more favourable deal, to raise additional borrowing, or to make other changes to your mortgage arrangements.
We keep things as simple as possible and will be on hand at every step of the new mortgage process. We will complete the lender's application form and forward your supporting documentation. We will respond to the lender's underwriter with answers to any questions they may have and offer assurances where required. Once your new mortgage offer has been issued, we will remain available for any questions you may have and for any changes that may be needed up until completion.
More Great Reasons to Get in Touch
Ready to Explore Your Options?
Our job is simple: to guide you through your choices, explain what's realistic, and connect you with lenders who are open to helping people rebuild their financial future.
Contact Us Today:
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
Frequently Asked Questions
Last updated: 27 May 2026