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Fixed Rate Mortgage for Bad Credit

Compare Fixed Rate Mortgages for Bad Credit

Latest Deal - NatWest 2 Year Fixed »NatWest Mortgages

Call FREE - 0800 158 2934 

1.54%Reverts to 3.99% after 2 years

Overall Cost for Comparison 3.80% APRC. This is the cost of the mortgage over the full term. Early redemption charges may apply.

Fixed Rate Mortgage Rates for People with Bad Credit History

If you are looking for the best fixed rate mortgages and you have a less than perfect credit history while this will reduce your choice of options getting a mortgage will depend on your particular situation. Use our mortgage service to speak to a mortgage specialist about your requirements today.


Adverse Credit Mortgage Service
ProviderLTV**CCJsDefaultsBankruptcyIVAMissed Loan Payments* 
Up to 75%None in 12 Months - Maximum 5None in 12 MonthsDischarged 12 Months AgoSatisfactorily Conducted 12 Months AgoNone in 12 MonthsMore Info >

Call 0117 332 6063

Our View:

"Credit repair mortgage service to help you get back to a high street mortgage deal - If you have suffered a one off event such as divorce, redundancy, serious illness which has resulted in a "bad" credit entry on your credit file over 12 months ago this service will help you get back on track".

Representative Example:

A repayment mortgage of £120,000 payable over 28 years and 1 month initially on a fixed rate for 2 years at 1.99% and then on the lender current variable rate of 3.69% (variable) for the remaining 26 years and 1 month would require 24 monthly payments of £465.20 and 312 monthly payments of £565.39 and one final payment of £565.19.

The total amount payable would be £189,357.67 made up of the loan amount plus interest (£68,161.67), booking fee (£999), completion fee (£30) and valuation fee (£197).

In this example the overall cost for comparison is 3.7% APRC representative.


Fixed rate Mortgage Bad Credit

The best fixed rate mortgages available to you will depend on how much you want to borrow, your credit rating, how long you want to spend paying it back and how much of a deposit you have. Advantages of fixed rate mortgages include:

  • Knowing exactly how much you will be paying in interest, making it easier to budget and plan ahead
  • Protection from rises in interest rates from the Bank of England

If you're looking for a fixed rate mortgage, bad credit will mean you have to pay higher rates, and you might find it difficult to secure an affordable deal, but call to speak to a mortgage specialist and find out what offers are available for customers with a bad credit history.

If you have a bad credit rating you may find it slightly more difficult to track down a mortgage lender who is willing to take the risk in lending to you. However, there are a number of lenders out there who may offer you a suitable mortgage deal in the right circumstances.  A Fixed rate mortgage may be useful if you are looking for a mortgage with a good deal if security, as they make budgeting for your repayments as easy as possible.

Even if you do have a bad credit rating, there may be lenders who are willing to offer incentives as part of their fixed rate mortgage deals. Some lenders do not require arrangement fees and provide incentives such as:

  • Free valuations
  • Free legal fees
  • Bad credit remortgage deals

If you have a bad credit rating and are looking for a fixed rate mortgage deal, it is important to choose the right agreement, as it may help you improve your credit rating. When searching for a suitable mortgage, it is important to remember that although your interest rate will remain the same e.g. for 2 years, when the set term ends your lender will switch the interest rate to their standard variable rate, which is often considerably higher than the rate you were paying. Be  ready to switch as soon as possible.

There are also different types of fixed rate mortgages available to those with bad credit and it is always worth comparing mortgage deals from different providers to find an offer that is most suited to you. Take a look at our mortgage comparison tables for a range of fixed rate mortgage deals.

Require mortgage advice? You can call our mortgage team on:
0117 332 6063

Monday to Friday 8.30am to 7pm


The above mortgage products highlighted on this website are available directly through lenders who will be able to provide further information about the product you are interested in. If you are unsure about what mortgage product is suitable for you, we suggest you speak to an independent mortgage broker