Expert Mortgage Advice & Mortgages For Those With Fair Credit Score
Let us put you in touch with expert mortgage advisors who will give you impartial advice and help you find low % mortgage products when you have a fair credit score.
No credit search conducted
Working with leading lenders ...
We work with high street and other lenders so you’ll get access to suitable deals that you may be able to apply for.
Why use us?
From the information you provide to us, our experts will search the market and find the most suitable products for you. If you are happy with the product on offer, we will handle all the necessary paperwork for you, including any relevant applications, to ensure that everything runs smoothly for you.
From just a few minutes completing some basic information, we will quickly search for suitable financial products for you.
We’ve helped thousands of customers secure financial products and service so you know that you are in capable hands.
Reduced stress & time saving
Choosing the right financial product is time consuming and can be stressful, so remove much of this by putting it in the hands of one of our financial experts.
Whatever type of financial product or service you are looking for, our service is reliable and always matched to your own personal circumstances.
Whether you’re looking for Mortgage Advice, Loan Advice or Insurance Advice or any other financial product or service, we can help you…
“Did a great job helping us with our mortgage. I would recommend!”
So ... how can we help?
Buying a financial product such as a mortgage can be the biggest decision made in our lives. It is for this reason that impartial advice is critical from qualified advisors.
Find a suitable mortgage deal
Securing a mortgage with a fair credit score means you can likely get a competitive deal, such as those with lower interest rates. However, credit scoring is so broad that what one credit reference agency deems as a poor score, another could view it as good.
So, what you think is a ‘fair credit score’ could still lead to your application being turned down, if you use a credit agency that puts your score in the ‘poor’ category based on their own criteria. By speaking to an experienced adviser like our team at Finance Advice Centre, you can use our help and expertise to find out which providers offer the most suitable deals for you and will view your credit score more favourably, increasing your chance of securing a mortgage.
Can you get a mortgage with a 600-credit score?
Maybe, again it will depend on the credit reference agencies being used as well as the mortgage provider you go through. For example, if you have a credit score between 561 and 720 with Experian (the largest credit agency in the UK) it would be considered as a poorer credit score than normal. Therefore, with this Experian score you could get a mortgage, but it is likely that you will have to pay higher interest rates.
However, if you check your credit score using Equifax or TransUnion and it is 600, you will be seen as in a good position to apply for a mortgage with this score. Also, keep in mind that each mortgage company will have its own lending policy, so some lenders will be more or less concerned by different parts of your credit profile.
All credit providers are required to be authorised and regulated by the Financial Conduct Authority.
What credit score do mortgage lenders use?
As previously mentioned, the most commonly used mortgage credit scores are the FICO scores that you get with the UK’s main three credit reference agencies: Experian, Equifax, and TransUnion. Mortgage providers will usually look at your credit score from all three of the CRAs when you apply for a mortgage. If a borrower has three different scores according to each scoring system then they will use the middle credit rating to assess your application. If two credit agencies agree on your credit score though, the mortgage lender will just use that credit rating in their assessment.
Our approach - and how we do it
We love speaking with our clients. Either give us a call or fill in one of our contact forms. Remember, we love a challenge!
One of our Advisors will then find out what you’re looking to do, discuss your options and answer any questions you may have.
Your Advisor will find the best option for you and help arrange things. You then sit back and relax while we do the rest.
Ready to assist you.
Choosing a financial product or service, such as a mortgage, remortgage, loan or insurance can be daunting and your choice is a decision you need to get right. For this reason, it is vital that you get impartial advice from competent and qualified advisors. Whether you are a first-time buyer, looking to remortgage, hoping to remortgage or even buy a property to let, needing a loan or insurance this is where our advisers excel.
Be reassured that our aim is to guarantee reliable financial advice appropriate to any individual that makes contact with us. Through our network of contacts, we have access to thousands of financial products, from mortgages to loans to insurance, so we are confident that we’ll find one to suit you.
How to improve your credit score
Even if you have a fair credit score, taking steps to boost it can only have a positive effect on your chances of being approved for a mortgage. Having a higher credit score will also mean that you don’t need to pay as much in interest or as a deposit. Simply making small improvements to your financial behaviour can have a positive impact on your credit score.
- Reduce your credit card debt and be responsible in your credit card use
- Put your name on the electoral roll if you are not on it already. It is a quick process and shows stability whilst helping credit agencies confirm your personal details
- Pay off credit card loans and utility bills on time
- Avoid going into your overdraft on credit cards
- Check the information on your credit file, this will give you the chance to correct any errors due to fraud and remove past financial partners who could have been affecting your credit score
- Only apply for credit cards and loans that you really need. Making a lot of applications for credit at once will damage your credit score because it shows you are not in a stable financial position.
Contact Finance Advice Centre today for further help about applying for a mortgage with a fair credit score, or any other types of mortgages that you could be interested in. Our expert advisers will help you find and apply for the mortgage that will best fit your financial circumstances.
As a mortgage is secured against your property, it may be repossessed if you do not keep up the mortgage repayments. Think carefully before securing other debts against your home.
See what our customers think ...
I would highly recommend the mortgage advice service Alice Hale was amazing throughout she is a credit to your organisation and helped us secure our dream home
We had a long journey buying our first home together and recent pandemic events didn’t help matters. Every step of the way, our advisor Steve was supportive, positive and we had every confidence in him. He was able to arrange a good deal for us and we were able to move into our dream house this autumn.
I used George from the finance advice centre to get my mortgage, and he was nothing but amazing! Talked me through every step, always easy to get hold of ! And got me a brilliant product I would highly recommend him, just brilliant 5 stars from me
What a Fantastic Service from start to finish. Great customer support from Ben Patten & Joe Frayne, superb product knowledge and exceptionally responsive to emails/calls, we can 100% recommend the Finance Advice Centre Ltd , they got us a great deal on a mortgage with suited life insurance, especially during this very difficult Covid 19 time ……
From start to finish, Greig and Emily were very helpful with our mortgage application. The advice Greig gave us was very clear and informed. They were always available either by phone or email to answer any questions we had. The whole process was made a lot easier because of the work they did. Would thoroughly recommend
Let us do the work of finding your mortgage
We’ll put you in touch with impartial advice from an expert mortgage advisor who will help secure you the best mortgage deals available.