We are a whole of market broker, we can look at mortgages with for all types of credit issues.
Issues we can help with include missed mortgage payments/arrears, missed unsecured payments/arrears, defaults, CCJ’s, IVA’s and low or poor credit scores.
To understand which lenders that you qualify for, we will need to take some information from you - this usually takes around 15 minutes. We will then do some research before letting you know which mortgage providers would be happy to help.
To enquire, please fill in our form below.
Yes, you can in most circumstances but there are a few things to consider such as affordability, loan to value and credit history.
To understand which lenders that you qualify for, we will need to take some information from you - this usually takes around 15 minutes. We will then do some research before letting you know which mortgage providers would be happy to help.
To enquire, please fill in our form below.
The maximum that our first-charge lenders will accept would be 90% of the value of your property. We do also have access to some second-charge lenders (via third party) who can lend up to 100% of the value of your home for debt consolidation.
To understand which lenders that you qualify for, we will need to take some information from you - this usually takes around 15 minutes. We will then do some research before letting you know which mortgage providers would be happy to help.
To enquire, please fill in our form below.
The minimum deposit required for a purchase is currently 5%.
In some circumstances this may increase by upto 25%, depending on your credit issues.
To understand which lenders that you qualify for, we will need to take some information from you - this usually takes around 15 minutes. We will then do some research before letting you know which mortgage providers would be happy to help.
To enquire, please fill in our form below.
Debt Consolidation Mortgage –
A Case Study
Mortgage Wise recently helped a client to consolidate their debts into their mortgage:
- They were spending £600.39 per month on their mortgage.
- They had other debts of £59,043 costing £1,120 per month.
- In total they were spending £1,720.39 per month.
- The new mortgage to consolidate their debts cost £985.92pm month.
This resulted in them saving £734.47 per month! They had one monthly outgoing, and they started their journey to repairing their credit.
Representative Example
John & Lisa currently have an £85,000 mortgage over 25 years @ 5.8% for £537.31pm. They want to raise an additional £15,000 for home improvements.
A new mortgage for £100,000 on today's rates would raise £15,000 and save them £16.39pm.
Representative example:
A mortgage of £100,000 (+£999 product fee) payable over 25 years on a repayment basis at an interest rate of 3.78% per annum (fixed for the first 5 years) would require 60 monthly repayments of £520.92pm.
The total amount payable would be £190,844.40. The overall cost for comparison is 5.7% APRC.
Important information:
This example is for illustration only and is not a personal recommendation.
Your home may be repossessed if you do not keep up repayments on your mortgage.
Rates and payments may vary depending on your individual circumstances and market conditions.
