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How to Get Poor Credit Mortgages in Derby & Derbyshire

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Comprehensive Financial Solutions for Poor Credit Clients

As Derby’s leading poor credit mortgage specialists, we understand that mortgage issues are often part of broader financial challenges. Alongside our core poor credit mortgage services, we provide:

  • Holistic financial reviews to understand your complete picture
  • Credit improvement strategies to strengthen future applications
  • Debt consolidation guidance through remortgage solutions
  • Long-term financial planning to build stability and borrowing power

Our FCA-regulated approach ensures any mortgage solution fits your wider financial goals, helping Derby and UK-wide clients achieve lasting financial stability.

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Expert Bad Credit Mortgage Advice from Your Trusted Local Broker

Are you struggling to secure a mortgage due to poor credit, CCJs, defaults, bankruptcy, or missed payments in Derby, Derbyshire, or anywhere across the UK? At Mortgage & Finance Arena, your mortgage experts conveniently located opposite Pride Park Stadium in Derby, we specialise in poor credit mortgages and adverse credit solutions for clients throughout the United Kingdom.

We provide clear, honest, and FCA-regulated mortgage advice tailored to your unique circumstances. Whether you’ve been turned down by high street banks before or need help improving your credit profile, our experienced team works with thousands of lenders to find the right fit for your situation.

At Mortgage & Finance Arena, we are whole-of-market brokers, meaning we compare hundreds of poor credit mortgage products from specialist lenders who understand that everyone’s financial journey is different.

Struggling with Poor Credit? Call our Derby team for a FREE, no-obligation consultation: 

Call Our Derby Team 01332 300 300

The best tip we can give, is for you to get a copy of your Full Credit Report.

Here is a link to obtain your report from Check My File, if you struggle we can obtain one on your behalf with your permission:

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What Are Poor Credit Mortgages and How Can They Help You?

Poor credit mortgages (also known as adverse credit mortgages) are specialist home loans designed for borrowers with less-than-perfect credit histories. These products are offered by lenders who take a more holistic view of your financial situation, considering factors beyond just your credit score. With a poor credit mortgage through Mortgage & Finance Arena:

  • You can still become a homeowner despite past financial difficulties
  • Access to specialist lenders not available on the high street
  • Competitive rates tailored to your credit profile
  • Expert guidance through the entire application process
  • Whole-of-market access to find the best deal for your situation

Our Poor Credit Mortgage Process: From Application to Approval

Securing a poor credit mortgage requires specialist expertise and the right approach. Here’s how our Derby-based team helps clients across the UK navigate the poor credit mortgage market:

  • Credit Assessment & Planning
    We review your full credit report from all three UK credit reference agencies, identify any errors, and create a strategy to strengthen your application.
  • Lender Matching & Selection
    Our whole-of-market access includes specialist lenders who focus on adverse credit situations, many offering competitive rates not available on the high street.
  • Application Preparation
    We help you build a compelling application with proof of stable income, employment history, and evidence of improved financial management.
  • Deposit Strategy
    We’ll advise on optimal deposit levels (typically 15-25%) to improve your chances and access better rates with poor credit mortgages.
  • Specialist Broker Advantage
    As experienced poor credit mortgage brokers, we have relationships with lenders who don’t advertise publicly, including those specialising in complex cases.
  • Timing & Submission
    We ensure your application is submitted at the optimal time when your financial position is strongest, maximising approval chances.

Our FCA-regulated team in Derby provides expert guidance throughout, ensuring the best possible outcome for your poor credit mortgage.

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What is Poor Credit in the UK?

Understanding what constitutes poor credit is the first step in your mortgage journey. In the UK, credit scores typically range from 0-999, though different credit reference agencies use varying scales:

  • Experian: Poor credit is generally considered below 560 Equifax: Poor credit is typically below 438
  • TransUnion: Poor credit is usually below 551

Poor credit history in the UK can include:

  • County Court Judgments (CCJs) – especially if recent or unpaid
  • Defaults on credit agreements – missed payments on loans, credit cards, or utilities
  • Individual Voluntary Arrangements (IVAs) – formal debt arrangements
  • Bankruptcy history – even if discharged
  • Missed mortgage payments – payment holidays or arrears
  • High credit utilisation – using most of your available credit
  • Frequent credit applications – multiple searches in short periods

The good news? Even with poor credit, specialist lenders in the UK market can still offer mortgage solutions tailored to your circumstances.

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Why Homeowners Choose Our Poor Credit Mortgage Service

Our clients across the UK often come to us for help with:

  • First-Time Buyer Mortgages: Securing your first home despite credit challenges or limited credit history.
  • Remortgaging Solutions: Moving to better rates or releasing equity from your current property.
  • Debt Consolidation: Using remortgage proceeds to clear high-interest debts and improve your financial position.
  • Moving Home: Securing a new mortgage when your credit has been affected since your last application.
  • Self-Employed Applications: Specialist products for self-employed borrowers with variable income or credit issues.
  • Buy-to-Let Mortgages: Investment property financing for landlords with adverse credit.
  • Business and Commercial Finance: While we specialise in residential mortgages, we can also help with commercial property purchases and business loans for those with poor credit history.

We serve clients in Derby, Nottingham, Leicester, Sheffield, Chesterfield, Burton-on-Trent, Belper, Ashbourne, Ilkeston, Mansfield, and throughout Derbyshire, the East Midlands, and across the UK.

Is a Poor Credit Mortgage Right for You? Honest Advice from Your Local Derby Experts

A poor credit mortgage can be the right solution if you’ve experienced financial difficulties, but it’s important to understand the implications. These mortgages may have higher interest rates and require larger deposits than standard products.

At Mortgage & Finance Arena, we promise:

  • Independent, Whole-of-Market Advice: We’re not tied to any single lender, giving you access to the widest range of products.
  • Free Initial Consultation: Understand your options with no pressure or obligation to proceed.
  • Local Derbyshire Expertise, UK-Wide Service: We understand the local Derby and Derbyshire property market while serving clients throughout the UK with the same level of personal service.
  • Personalised Service: Face-to-face appointments at our Derby office, your home, or remote consultations.
  • Clear, Jargon-Free Guidance: We explain everything in plain English and ensure you understand all costs.
  • Ongoing Support: We’ll guide you through improving your credit profile for future applications.

We are authorised and regulated by the Financial Conduct Authority (FCA) and are members of the NACFB, ensuring you receive the highest standard of advice and protection.

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Our Simple Poor Credit Mortgage Advice Process

We aim to make securing a poor credit mortgage as straightforward as possible:

  • Initial Chat (Free & No Obligation): Contact us to discuss your situation. We’ll assess your credit challenges and explain your realistic options.
  • Credit File Review & Assessment: We’ll help you obtain and review your full credit report, identifying any errors or areas for improvement.
  • Exploring Your Options: Your dedicated adviser will research the whole market to find suitable poor credit mortgage products, explaining the features, benefits, and costs.
  • Application Support & Guidance: We’ll present our recommendation and guide you through the application process, liaising with lenders and solicitors on your behalf.

Common Poor Credit Scenarios We Successfully Help With

We have extensive experience helping clients throughout the UK with various credit challenges:

  • County Court Judgments (CCJs) – including satisfied and unsatisfied judgments
  • Defaults on credit agreements – credit cards, loans, or utility bills
  • Missed mortgage payments – previous payment holidays or arrears
  • Bankruptcy or IVA history – discharged or recently completed arrangements
  • Debt management plans – current or historical debt arrangements
  • Self-employment with poor credit – irregular income combined with credit issues
  • Relationship breakdown – financial difficulties following divorce or separation

As Derby’s leading poor credit mortgage specialists, we understand the local property market while serving clients nationwide with the same expert service.

FAQs: Getting a Mortgage With Bad Credit in the UK

Poor credit typically means:

  • Experian: Below 560
  • Equifax: Below 438
  • TransUnion: Below 551

However, there’s no universal cutoff. Specialist lenders focus more on your overall financial history — not just your score — and will consider factors like income, deposit size, and how recent your credit issues are.

Most poor credit mortgage products require a 15–25% deposit, depending on the severity of your credit history. The stronger your overall financial position, the lower your deposit requirement may be.

Yes. Being declined by a bank doesn’t mean all hope is lost. Specialist lenders have different criteria and may accept applications that high-street lenders reject — especially with the support of a mortgage broker.

Only full applications impact your credit score. We ensure your application is submitted only when it’s strong, and we use soft searches during initial assessments to protect your credit profile.

Yes. We work with lenders who understand:

  • Self-employed income (even with irregular earnings)
  • Recent financial recovery from IVAs, DMPs, or bankruptcy

Many consider applications immediately after discharge, though some may prefer a 12–24 month gap.

Interest rates for poor credit mortgages are usually 1–3% higher than standard mortgages, depending on your credit profile, deposit size, and lender. We search the market to secure the most competitive rate available.

Yes. Many of our clients remortgage to reduce payments, release equity, or consolidate debts, even with credit issues. A strong equity position can improve your chances.

Typically, it takes 4 to 8 weeks from application to completion, depending on your circumstances and how quickly documentation is provided.

You can:

  • Check your credit file for errors
  • Reduce outstanding debts
  • Wait for older negative marks to age
  • Work with a broker to present a stronger application

We’ll guide you through all of this during your free consultation.

Your initial consultation is always free. If we proceed with a full application, all potential fees will be disclosed clearly and upfront — no surprises

Start Your Poor Credit Mortgage Journey Across the UK Today

If you’re struggling to secure a mortgage due to poor credit anywhere in the UK – whether you’re in Derby, Nottingham, Leicester, Sheffield, Chesterfield, Burton-on-Trent, Mansfield, or any other UK location – our friendly and expert team at Mortgage & Finance Arena is here to help. We provide professional, impartial advice to help you achieve your homeownership goals despite past financial challenges, with the convenience of remote consultations for clients outside our local area.

Contact Us Today:

  • Call us today on tel: 01332418770
  • Request your free consultation
  • Serving Derby, Derbyshire & the East Midlands
  • Visit Us (Appointments Recommended): 16a Prime Enterprise Park, Prime Parkway, Derby DE1 3QB.
  • Online Form: Fill out the contact form below for a call back.
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Why Choose Mortgage & Finance Arena for Poor Credit Mortgages in Derby?

  • Local Experts, UK-Wide Service: Deep understanding of the Derby & Derbyshire property market with comprehensive service across the United Kingdom.
  • Whole of Market: Access to specialist lenders and exclusive poor credit mortgage products.
  • FCA Regulated & NACFB Members: For your complete peace of mind and protection.
  • No Obligation Initial Meeting: Explore your options freely without any pressure to proceed.
  • Client-Focused: We put your best interests first and work to improve your long-term financial position.
  • Proven Track Record: Years of experience helping clients across Derby, Derbyshire, and throughout the UK secure mortgages despite credit challenges.
Book Your FREE Consultation

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Honest opinions from people like you

There simply are no superlatives sufficient to thank you for your fantastic service! I would highly recommend mortgage and finance area to any of my friends or family looking for a mortgage. You’ve made our dreams come true! The team go above and beyond to make everything so easy.

The advice and financial services I have recently had from Charlotte at Morgage And Finance Ltd in Derby has been first class. Very professional, helpful, efficient and supportive. I wholeheartedly recommend them.

Suzanne and Charlotte were amazing and made the process of buying our first home completely stress-free for us. They were both on hand if we ever had any problems/questions and always responded with knowledgeable and completely honest answers. I would highly recommend.

If I could rate this company more than 5 stars I would. I cannot fault the service and support my partner and I have received whilst getting our first mortgage together. Ian and Megan have been amazing, making the process completely stress free. They were both on hand if we ever had any questions. I would highly recommend. Thank you!

There simply are no superlatives sufficient to thank you for your fantastic service! I would highly recommend mortgage and finance arena to any of my friends or family looking for a mortgage. You’ve made our dreams come true! The team go above and beyond to make everything so easy.

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