Can You Get a Mortgage with Bad Credit.

If you’ve had financial difficulties in the past—such as missed payments, defaults, or even a CCJ—you might think getting a mortgage is impossible. The good news? **Many lenders in Scotland are willing to consider applicants with bad credit**, especially with the right broker on your side.

At Mortgage Advisor Glasgow, we specialise in helping people across Scotland secure mortgages, even with a less-than-perfect credit history. In this guide, we’ll explain:

✅ **How bad credit affects mortgage applications**
✅ **Which lenders are more flexible**
✅ **Steps to improve your chances of approval**
✅ **Real-life success stories from clients we’ve helped**

Let’s Have A look at what is involved.

How Does Bad Credit Affect Mortgage Applications?

When you apply for a mortgage, lenders check your credit report to assess risk. A poor credit history can make them hesitant, as it suggests you might have struggled with repayments in the past.

### **Common Credit Issues That Can Impact Your Application:**
– **Missed or late payments** (even just one or two)
– **Defaults (unpaid debts)**
– **County Court Judgments (CCJs)**
– **Protected Trust Deeds (PTD) or bankruptcy**
– **High levels of existing debt**

However, **not all lenders treat bad credit the same way**. Some high-street banks may reject you outright, while specialist lenders take a more personalised approach.

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Can You Still Get a Mortgage with Bad Credit?

**Yes!** While it’s more challenging, many lenders in Scotland will consider applicants with past credit problems if:

✔ **The issues were in the past** (e.g., 1-2+ years old)
✔ **You’ve since improved your credit score**
✔ **You have a stable income and affordability**
✔ **You work with a broker who knows specialist lenders**

### **Types of Lenders Who May Accept Bad Credit:**
1. **Specialist Mortgage Lenders** – Some focus solely on bad credit mortgages.
2. **Building Societies** – Often more flexible than big banks.
3. **Private & Subprime Lenders** – Higher interest rates but more lenient criteria.

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How to Improve Your Chances of Approval

### **1. Check Your Credit Report for Errors**
Before applying, review your credit file and dispute any mistakes.

### **2. Show Stability in Your Finances**
Lenders prefer applicants with:
– **A steady job** (6+ months in current role) or if self employed at least 1 years trading
– **Regular savings**
– **No recent missed payments**

### **3. Save a Larger Deposit if you can**
A **bigger deposit (15%+)** reduces the lender’s risk, making approval more likely. We do also have lenders that will consider higher loan to values, it will depend on your circumstances.

### **4. Use a Mortgage Broker (Like Us!)**
We know which lenders are most likely to accept bad credit and can negotiate better terms for you.

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## **Case Study: How We Helped a Client with a CCJ Get a Mortgage**

**Client Profile:**
– **Credit Issue:** CCJ from 2 years ago (now satisfied)
– **Deposit:** 15%
– **Challenge:** Rejected by two high-street lenders

**Our Solution:**
We matched them with a **specialist lender** who considered their improved financial habits. **Result? Mortgage approved at a competitive rate!**

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Next Steps: How We Can Help

If you’ve been turned down elsewhere, don’t lose hope. **We’ve helped countless Scots with bad credit secure mortgages**, and we could do the same for you.

### **Why Choose Us?**
**Bad credit specialists** – We know which lenders say “yes”
**No upfront fees** – Pay only on success
**Personalised advice** – Tailored to your situation

### **Get Started Today**
**Call 0141 280 1992 ** for a free consultation
**Email admin@advisermortgage.co.uk

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FAQs About Bad Credit Mortgages in Scotland.

### **Q: How long do credit problems affect my mortgage application?**
A: Most lenders focus on the last **3-6 years**, but some may accept older issues if you’ve since improved.

### **Q: Can I get a mortgage after bankruptcy?**
A: Yes, but you’ll usually need to wait **at least 1-3 years** after you have been discharged and show strong financial recovery.

### **Q: Will I pay higher interest rates?**
A: Possibly, but a good broker can help you find the **best available deal**.

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Final Thoughts

Bad credit doesn’t have to mean **no mortgage**. With the right strategy and an expert broker, **homeownership is still possible**.

**Ready to explore your options? Contact us today!**

0141 280 1992 or use the contact form and we will call you back

#BadCreditMortgage #ScottishMortgageBroker #MortgageAdvice #BuyAHomeInScotland #SecondChanceMortgage

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