Bad Credit Mortgages Scotland
Bad Credit Mortgages in Scotland
Missed payments, defaults, CCJs or a debt management plan do not always mean no. Some lenders specialise in exactly this. We will look at your credit file properly and find the lenders most likely to say yes.
★★★★★ Helping people across Scotland get a mortgage after credit problems. Rated 5 stars by 235+ clients on Google.
Your home may be repossessed if you do not keep up repayments on your mortgage.
There may be a fee for mortgage advice. The actual amount you pay will depend upon your circumstances. The fee is up to 1% but a typical fee is 0.3% of the amount borrowed.
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What Our Clients Say
"We remortgaged with Tony and as always it was a simple smooth process! He explains everything well and is very knowledgeable, honestly wouldn't go anywhere else for mortgage advice! Thanks again ☺️"
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"We got recommended Tony from a friend and from start to finish he has made myself and my husband feel at ease with the whole process. Nothing was too much for him or Katie and no question was too silly either. Would highly recommend them to anyone looking for any help."
Mortgage Customer
"I cannot recommend Tony and Katie highly enough. The service has been impeccable, making a potentially stressful and daunting process, seamless. Communication was effective and efficient, which is key in dealing with such a daunting process. You have a lifelong customer here."
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Why It Still Works
Every Lender Looks at Bad Credit Differently
High street lenders often decline anything less than perfect. Specialist lenders look at what happened, when it happened, and how you have managed since.
- ✓How recent: older issues usually matter less than recent ones
- ✓How big: a small default is seen very differently from a large one
- ✓Settled or not: paying off old debts can help with some lenders
- ✓Since then: a clean recent record helps show things are back on track
How We Help
How We Help
Five steps to give your application the best chance.
Check All Three Credit Files
Experian, Equifax and TransUnion can show different things. We look at all of them.
Understand the Story
We look at what happened and why, so we can explain it properly to a lender.
Match the Right Lender
We go to lenders whose criteria fit your history, so you avoid needless declines.
Fix What Can Be Fixed
Errors on your file, old addresses or financial links can sometimes be cleaned up first.
Plan the Next Step
If now is not the right time, we will tell you what needs to change and when.
Credit Issues We Help With
Common Credit Problems
If one of these sounds like you, talk to us before you apply anywhere.
Missed Payments
Late payments on cards, loans or phone contracts. Recent ones matter most.
Check My Options →Defaults
A default stays on your file for six years. Some lenders accept them, especially if satisfied.
Talk It Through →CCJs and Decrees
County Court Judgments or Scottish decrees can still be possible depending on the size and age.
Get Straight Advice →Debt Management Plans
Some lenders will consider you while on a DMP or once it is completed.
Book a Chat →Trust Deeds and Bankruptcy
Usually possible once discharged, often after a few years. We will check the timings.
Ask a Question →Payday Loans
Even settled payday loans can put some lenders off. Others do not mind.
Talk It Through →Common Questions
Bad Credit Mortgage Questions, Answered
The things people ask us most about getting a mortgage with poor credit.
Can I get a mortgage with bad credit in Scotland?
Often, yes. It depends on what the issue is, how recent it is and how much deposit you have. Specialist lenders are set up for this.
Will I need a bigger deposit?
Sometimes. Some lenders want 10% to 15% for more recent or serious issues, but smaller deposits are possible in some cases.
Will the rate be higher?
It can be, especially with specialist lenders. The aim is often to get you a mortgage now and move to a better rate later as your credit improves.
Should I check my credit file first?
Yes. Check all three agencies before applying so there are no surprises and any errors can be fixed.
Does applying to lots of lenders hurt my chances?
It can. Lots of hard searches in a short time can make lenders more wary. It is better to apply to the right one first.
Can I get a mortgage with a trust deed in Scotland?
Usually once it has been discharged. Some lenders want a few years to have passed, others less. We will check for you.
Related guides
- Mortgage declined after an agreement in principle
- How online gambling affects your mortgage
- Understanding your credit score
- All mortgage questions answered
Written by Tony Flynn, mortgage broker at Tony Flynn Mortgages, helping homebuyers across Lanarkshire and Scotland. This page is general information, not personal advice. Speak to Tony about your own circumstances.
Get in Touch
Talk to Us Before You Apply
Fill in the form and we will be in touch within one working day. Tell us roughly what is on your credit file and we will give you a straight answer on where you stand.