Bad credit loans

Rather than taking out a bad credit loan you may be better to raise the money you require by remortgaging.

If the valuation of your property is greater than the outstanding mortgage, you can release equity by moving to a bad credit mortgage. In this way you are just increasing your mortgage rather than taking out a separate 'bad credit loan' secured on your property.

Non-conforming, sub-prime or bad credit mortgages are becoming common in today's mortgage environment and many of the mortgage lenders are now offering very competitive mortgage products to cater for this growing market.

Find out how much you can borrow with bad credit

The overall cost for comparison is 7.3% APR. The actual rate available will depend upon your circumstances. Ask for a personalised illustration.

We can help with your bad credit history

At Alexander Hall, we will endeavour to help, whatever your financial circumstances. We have a dedicated 'bad credit mortgages' team with specialist knowledge on providing mortgage solutions for clients that don't typically fit the traditional lender's criteria.

Our expert advisers take you through the steps to repair and improve your bad credit rating and will support you through the bad credit mortgage process providing you with first-class, independent mortgage advice on all the options available, whatever your situation; first-time buyer, home mover, remortgaging, buy-to-let or right to buy.

We will endeavour to help whatever the circumstances of your bad credit rating, including (but not limited to):

Mortgage, secured loan and rent arrears
County Court Judgements (CCJs)
Defaults
Individual Voluntary Arrangements (IVA)
Discharged bankrupt
Repossession
Self-employed with no accounts

Find out how much you can borrow with bad credit

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Credit problem mortgages: Bad credit mortgages; Best adverse mortgage deals; How much can I borrow with bad credit?; Bad credit remortgages; Debt consolidation; Credit repair; Secured loans; Contact us

How much can I borrow?

Find out online how much you can borrow for a mortgage if you have bad credit.

How much can you borrow?

Need help? Call free on 08000 38 37 36

Alexander Hall Associates Limited is authorised and regulated by the Financial Services Authority for pure protection, residential mortgages and general insurance business. You can check this on the FSA's Register by visiting the FSA's website www.fsa.gov.uk or by contacting the FSA on 0845 606 1234.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

We do not charge a fee for residential mortgage advice. We charge an administrative fee for processing each of your mortgage contracts; our fees only apply when you decide to go ahead with an application.

Standard residential mortgages
For standard residential mortgage contracts the typical fee is £499, payable on application. Alternatively, you may pay a fee of 1% of the mortgage loan, payable on application, and any commission received from the lender will be returned to you after completion.

Buy-to-let mortgages
For buy-to-let mortgages a typical fee of 0.5% of the mortgage loan size applies of which £500 is payable on application with the balance payable on completion.

Offshore and commercial mortgages
For offshore and commercial mortgages a typical fee of 1% of the mortgage loan size applies of which £500 is payable on application with the balance payable on completion.

Impaired credit lending
For impaired credit lending the typical fee is 1% of the mortgage loan, payable on application. Alternatively, you may pay a fee of 3.5% of the mortgage loan, payable on completion, and any commission received from the lender will be returned to you after completion.