I have a bad credit what now…..?

Dont worrry there are many options for people trying to find a bad credit mortgage to suit individual circumstances.

 To establish how poor you bad credit is you would be wise to get hold of a copy of your credit file. This will provide you with a clear picture of your credit history. Armed with this information a broker will guide you through you options.

 Many bad credit mortgages are straight forward, always ensure you get a key facts illustration (KFI) and an initial disclosure document (IDD). These documents will outline any conditions and possible redemption penalties within the mortgage product you choose.

 Always make sure you pay bad credit mortgage on time and keep upto date with all other credit commitments. Within time you will repair your credit and hopefully be eligible for a hight street prime mortgage.