What are the advantages of obtaining a bad credit mortgage?

[What are the advantages of obtaining a bad credit mortgage?]( Call us on: [0800 977 7840](tel:08009777840) Navigating the terrain of [bad credit mortgages]( can be a challenging task, leaving you uncertain about the right path to take. See below a list of advantages of obtaining [a bad credit mortgage]( [Enables you to proceed with your plans:]( you're eyeing a property purchase under a government scheme or seeking to fund home improvements, [a bad credit mortgage]( can provide you with the means to act on your aspirations. [May help improve your credit rating:]( Managing your finances responsibly, including homeownership and a well-maintained mortgage, can positively impact your creditworthiness, paving the way for future financial endeavours. [Can help secure a more appropriate rate]( While bad credit mortgage rates tend to be higher initially, securing a rate in today's market could prove financially advantageous in the long run, offering stability compared to variable rates. [Could ultimately save you money]( Predicting the future remains a challenge, but taking action now might align with your best interests, especially if your situation doesn't significantly improve, or market conditions change unfavourably. It's a pivotal decision, and we're here to guide you through it. We understand the importance of making informed decisions, and we're here to assist you every step of the way. Feel free to reach out for personalised guidance tailored to your unique situation. [Use our free]( calculator]( below – no credit checks!]( [Bad Credit mortgage calculator]( Fill out a few details to see if you are eligible for Bad Credit mortgage. [Mortgage Affordability calculator]( Complete your income details below to give yourselves an idea how much you may be able to borrow. [Right to Buy discount calculator]( Our Right to Buy Mortgage calculator will give you an idea of how much a mortgage for your property will cost. [What mortgage can you afford?]( Understanding what you can borrow is one aspect, but grasping what you can genuinely afford presents its unique challenges. Given the individuality of everyone's circumstances, our perceptions of affordability can vary widely when it comes to monthly mortgage payments. Moreover, your own assessment of affordability may diverge from a lender's evaluation. While lenders employ detailed analyses of your income and expenses, and sometimes rely on data from the Office of National Statistics for a broad overview, they cannot replicate your precise spending habits, as only you can. When lenders calculate what they consider affordable for you, they factor in several key elements. To find out more please get in contact with a member of our team.. [Speak to a member of our team]( Follow Us [alt_text]( [alt_text]( [alt_text]( [alt_text]( [0800 977 7840](tel:08009777840) [justmortgagebrokers.co.uk]( Just Mortgage Brokers Limited is an appointed representative of Mortgage Advice Bureau Limited and Mortgage Advice Bureau (Derby) Limited which are authorised and regulated by the Financial Conduct Authority. Just Mortgage Brokers Limited. Registered Company number: 08389911. Registered office: 80 Compare Crescent, Ipswich, IP2 0EH. YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT. SEPTEMBER 2023 [Unsubscribe](