Getting a mortgage with bad credit may not be as difficult as you think, we’ll listen to your story and look for the most suitable solution.
At Together, we understand that sometimes in life, unexpected events happen that could knock your finances a little off track. But we don’t feel that a small blip, like a missed phone bill, should get in the way of your home ownership dreams.
If you're trying to get a mortgage but have a low credit score or no credit history, you may find your options limited. But not with Together.
We'll offer you the same LTV as someone with an A+ credit rating. And we'll let you spread your mortgage over up to 40 years – even if that means it ends after you're due to retire. It just needs to end before you turn 85.
Do you want to quickly understand the potential cost of your mortgage?
We can give you an idea of the monthly costs with just a few details like the property value, your deposit amount and how long you need the loan to last.
Calculate costsWe're a specialist lender. We exist to help people who would likely be turned down by mainstream lenders. Perhaps it's your employment status, your credit history, or the property itself that doesn't fit neatly into the big names' tickboxes.
Whatever it is, we'll look at your application and use our common sense – not computers – to make the final decision about whether we can lend to you.
There are lots! Your mortgage can last up to 40 years, on a capital repayment basis. You can choose a fixed-rate for a set period at the start of your mortgage, or you can choose a variable-rate option for the duration.
Our qualified mortgage advisers can help you identify the best option for you, based on your circumstances and what you can afford.
The rate you're offered may be influenced by several factors, including:
When you apply for a mortgage, you’ll need to go through our application process and provide certain documents so we can get a clear picture of your circumstances and what you can afford to borrow.
To help you prepare any documents required we've pulled together a mortgage application checklist so you can move quickly and smoothly when the time comes.
Mortgage application checklistIt typically takes several weeks to arrange a mortgage.
As a responsible lender, we're duty bound to ensure you can afford the loan you're applying for. So we may take longer to underwrite your case, or request more documentation.
We charge an Arrangement Fee, and we charge a Redemption Administration Fee when you 'redeem' (i.e. full repay) your mortgage, to cover costs associated with closing your account and dispensing our legal claim to your property.
These fees can vary, so we'll ensure that the fees that apply to your particular mortgage are clearly explained before you sign on the dotted line.
Other fees and charges may be applied to your account during the life of your loan, in relation to the management of your account (for instance, if you fall behind on your monthly payments). These are all explained in our Tariff of Charges.
