When it comes to buying a home, some lenders prefer to deal only with those who have faultless credit histories, perfect work records and adequate deposits. But money problems can affect everyone. Adverse credit problems can be linked to a loan default, county court judgements or being a discharged bankrupt.

Sometimes people get into debt through no fault of their own and, even if they have been to blame, want to sort things out. Certainly no-one taking out a mortgage wants to see their property repossessed.

However, there is some good news in that some lenders are willing to provide adverse credit mortgages. Deals are unlikely to match standard mortgages; lenders in the adverse credit market will charge higher rates. Most lenders will cut the interest rate if borrowers keep up a good payment record and, after three years, it may be possible to switch to a standard loan.

Your application will be thoroughly vetted and the interest set according to the risk the lender believes you pose. You may also be subject to early repayment charges, but these should cease to apply after three years.



A mortgage may not be available in all cases, but we'll always try our best.

The overall cost for comparison is 5.9% APR. The actual rate available will depend upon your circumstances. Ask for a personalised illustration.

APH Financial’s typical fee for arranging your mortgage is £250.

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

More Information

More information is available in Legal & General's brochures which can be viewed by clicking the picture below.

Feel free to call for an informal chat on freephone 08000 842 970 or This e-mail address is being protected from spambots. You need JavaScript enabled to view it We would be delighted to meet with you at our offices in Bedfordshire, Buckinghamshire, Hertfordshire, Northamptonshire and Oxfordshire.