020 8668 6080

Mortgages

Adverse Credit Mortgage Broker in Croydon

A past credit problem does not automatically rule out a mortgage. PMS Mortgages helps buyers and homeowners in Croydon, Purley, Surrey and across the UK find lenders whose criteria may fit their credit history, before an application is made.

Your home may be repossessed if you do not keep up repayments on your mortgage.

Many lenders will consider applicants with missed payments, defaults, county court judgments (CCJs) or debt management plans. How they treat your application depends on what happened, when, and how much was involved.

An open-plan kitchen and living room filled with daylight
Mortgage advice tailored to your property plans, with 90+ lenders compared.

What lenders look at

  • What happened: a late phone bill is treated differently from a missed mortgage payment.

  • When it happened: older issues usually matter less than recent ones.

  • How much: the size of any default or CCJ.

  • Whether it is settled: satisfied debts are often viewed more favourably.

  • Your deposit or equity: a larger deposit can widen your options.

Credit issues we can discuss

  • Late or missed payments

  • Defaults

  • CCJs

  • Debt management plans

  • Past IVAs or bankruptcy (once discharged)

  • Previous mortgage or rent arrears

Why speak to a broker before applying

Applying to the wrong lender can lead to a decline and another credit search on your file. We review your credit history first and only recommend lenders whose criteria are more likely to fit. Read our guide: mortgage with bad credit in Croydon.

What to prepare

  • A recent copy of your credit report

  • Dates and details of any defaults, CCJs or arrangements, and whether they are settled

  • Proof of income and deposit

  • Recent bank statements

Specialist lenders may charge higher rates or require a larger deposit. As your credit history improves, you may be able to move to a lower rate when your deal ends; see remortgaging. Approval is always the lender's decision. For other non-standard situations, see complex income mortgages.

Our fee

We may charge a broker fee for mortgage advice. Our typical fee is £479, payable only when you receive a mortgage offer. The fee will be confirmed before you proceed.

90+ UK LendersHigh-street and specialist lenders compared
Fee only on offerTypical fee £479, payable only when you receive a mortgage offer
18 years of experiencePersonal advice tailored to your circumstances
Frequently asked questions

Your questions answered

A family unpacking cardboard boxes on the floor of their new home

  • Sometimes. Specialist lenders may charge higher rates or need a larger deposit. As your credit improves, you may be able to remortgage to a lower rate later.

  • Some lenders consider applicants with CCJs, especially older or satisfied ones. We will check your circumstances against lender criteria before you apply.

  • Some specialist lenders will consider applicants on, or recently out of, a debt management plan. Your payment record on the plan matters.

  • Sometimes waiting a few months, or settling a debt, opens up better options. We will tell you honestly if waiting would help.

How It Works

How it works

  1. 01

    Initial consultation

    Speak to PMS for an initial consultation to assess your affordability and an indication of the type of borrowing available to you within the mortgage market.

    Affordability assessed across 90+ lenders
  2. 02

    Full consultation

    If you're happy to go ahead, PMS Mortgages will arrange a full consultation by Zoom, phone or face to face. Where appropriate, we can help you obtain an Agreement in Principle. An Agreement in Principle shows how much you may be able to borrow based on the information you provide. It is not a mortgage offer and is subject to full application and credit assessment.

    Indicative borrowing assessed
  3. 03

    We handle the detail

    Once you have found a property we take care of everything else, mortgage application, surveys, solicitors, searches and dealing with any estate agents or developers on your behalf.

    Application, surveys and legal work managed
  4. 04

    Support to completion

    Your dedicated case manager and your consultant will be on hand to guide you through the whole process.

    Supported right through to completion

Ready to take the first step?

Your initial consultation is without obligation. Speak with an adviser in Croydon or over Zoom.

020 8668 6080

Talk to us about your credit history

Call us on 020 8668 6080