Simply Lending is an online-only mortgage broker service, which helps UK residents with poor credit find the best mortgage for their needs.
It can be difficult to find bad credit mortgage lenders on the high street, and even after you do to discover the best deal for your situation.
That’s why it can help to work with the expert brokers at Simply Lending who specialise in finding mortgages for people with any form of bad credit. The company has been helping UK residents in this situation for close to a decade.
Its service is initially fee-free. You’ll only pay if you decide to proceed and complete your mortgage.
Simply Lending says that it can help UK residents dealing with any type of adverse credit. If you’re dealing with bankruptcy, CCJs, an IVA or debt management plans, Simply Lending may be able to help you.
On its home page, the broker invites you to take a short quiz to see if you are eligible to work with its brokers. In this two-minute quiz, you’ll be asked what type of property you’re looking to buy, when you are looking to buy it, as well as some questions about your financial situation and your personal details.
After that, you’ll be asked to arrange a free no-obligation call with a Simply Lending broker. On this call, your broker will work with you to find the best possible deal for your needs.
You won’t pay a penny to Simply Lending, unless you choose to go ahead with its recommended mortgage and receive a mortgage offer. At that point, you’ll be charged a flat-rate of £1,995.
Simply Lending is authorised and regulated by the Financial Conduct Authority (FCA) and is therefore subject to the same regulations as all financial companies across the UK.
There are lots of other fee-free online mortgage brokers available to choose from, although these compare the whole market, rather than specialising in bad credit mortgages.
These brokers include:
There are plenty of online mortgage brokers out there, but not so many that specialise in bad credit mortgages. Someone in this situation may appreciate working with a specialist, which is where Simply Lending can step in.
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