Ravenwood Mortgage Services are specialist mortgage brokers who specialise in broker-only adverse lenders. We are independent and have access to a massive range of lenders. We have a lot of direct contacts who know a lot about bad credit mortgages.
Many lenders we used heavily in 2005-2007 that disappeared from the mortgage market have returned in late 2013, so more accessible finance is achievable. After 2008, interest-only mortgages were all but gone, but they started to return in 2014.
Mortgage lending, bridging finance, and development funding have benefited from a positive UK property market, with unemployment falling, interest rates staying low, and confidence remaining strong.
Bad credit mortgages are now getting terms closer to prime mortgages, and lenders have more confidence in the UK property market.
As interest rates are likely to stay historically low for a sustained period, people with cash can’t sit on it. They have to invest it, or they lose.
Rents in the UK continue to rise sharply, and demand for rental properties is strong; the UK property market is seen worldwide as a safe place to hold your money.
What do we offer?
- Mortgages for owner-occupiers – finance for your own home. Don’t have a full-time contract or zero-hour contract, or are you self-employed? Are you looking for Bad Credit Secured Loans? Please speak to us!
- Mortgages for investors in both residential and commercial property. Semi-commercial lenders for mixed-use property titles.
- Specialist/niche mortgage products for non-conventional properties, such as homes of multiple occupancy.
- Structured finance for property developers, including refurbishment and redevelopment.
- Short and medium-term, open and closed bridging finance enabling property purchase under challenging circumstances.
- Urgent bad credit remortgages
- Auction property finance in time-sensitive situations.
In addition to finance, we can refer you to specialist case buildings insurance companies that can quickly insure non-conventional property and property in poor condition. We can promptly protect against structural issues, roofing problems, and other difficult title situations.
Because of our extensive knowledge of lenders’ criteria, both published and “non-published”, we aim to get your finance application right the first time to subject you to the minimum of delays and minimise the damage of searches in your credit file. This means no credit check until you are ready to apply to the lender.
Moderate wage growth in the UK has made property more affordable, especially outside the M25. Around the capital, property prices are still very high but have come off a little since Brexit as foreign cash buyers have been less willing to buy.
Lots of London tube zones 3-7 still have property prices below £650 per sq ft, but properties on the side of the Thames and in tube zone 2 were easily achieving £1000 per sq ft plus.
Outside the South East of England, you can still buy residential property for £150 per sq ft, even less in areas known for high rates of crime, high unemployment and low wages.
People are hanging onto many pre-crisis mortgages as some of them are terrific deals, but if you have a post-financial crisis mortgage, it could be an excellent time to refinance as lenders are being forced to compete for borrowers’ business.
There is little evidence lenders are concerned about the UK leaving the European Union. A weaker pound will eventually filter through to higher commodity prices and domestic energy costs, which will reduce people’s disposable income a little. But wage increases should offset this as the British economy expands.
Home Equity Finance Options
Some people could consider equity release to get money tied up in their homes. There are also options for people under 55. Some big banks offer secured loans and personal loans, including Barclays, HSBC, Co-op and Halifax.
Different types of property
The main categories that lenders look at differently are:
- Residential property that you live in
- Residential property that you own to rent out
- Mixed-use property that has commercial and residential elements where you may or may not live at your self/trade from
- The commercial property you run your own business from
- The commercial property you own to rent to another business
Equity Release
Legal and General Equity Release
HSBC Equity Release
Lloyds Bank Lifetime Mortgages
Lifetime Mortgages TSB
Bad credit Equity Release
Yorkshire Bank
Lifetime Mortgages from the Halifax
NatWest Equity Release
Coventry Building Society
Royal Bank of Scotland Equity Release
Mortgages
Non-Status Mortgages
Self Cert mortgages
Interest Only Buy to Let Mortgages
Bad Credit Buy to Let Mortgages
Remortgages from Ravenwood Services
High Loan-to-Value Buy to Let Property Mortgages
Remortgage HMO Multi Let House in Multiple Occupation Licence
HMO Interest Only Mortgages-Ravenwood London Mortgage
No Fee Best Remortgage Deals Interest Only up to 95% LTV
Buy to Let Mortgages for Limited Companies – Company Mortgage
Tipton and Coseley Building Society
Precise Mortgages
Retirement Interest-only mortgages from the Halifax
Secured Loans
NatWest homeowner loan
Metrobank Secured Loans
Lloyds Bank Secured Loan
No Broker Fees Secured Loans
buy-to-let-mortgages/secured-loans
Optimum Credit
Masthaven Homeowner Loans
United Trust Secured Loans
Pepper Homeowner Loans
Prestige
Equifinance
Central Trust
Vida
Precise 2nd Charge
Paragon
Foundation
Together Money
Norton 2nd Mortgages
Bridging Finance
Affirmative Bridging Loans
Amicus Finance Bridging Finance
Avamore Capital for a UK Property Bridging Loan
Short-Term Finance from Bridgebank Capital Bridging Loans
NO BROKER FEES – Bridging Loan TSB Bank UK
Apply to Lowry Bridging Loans or compare with Avamore UK
Short-term Masthaven Bridging Loans with Oblix and Amicus
NO BROKER FEES!- Ortus Bridging Loan short-term finance
Consolidation Loans Poor Credit
Precise Mortgages bridge-to-let UK Residential Bridging Loan BTL But to let
Compare Quivira Finance Bridging Loans with Amicus UK
United Trust Bank Bridging Loan – NO BROKER FEES!
Compare Zorin Finance bridging loan rates with Ortus
HSBC bridging loan
NatWest Bridging Loan
Non-StatusRBS Bridging Loans
Yorkshire bank
Lloyds Bridging
Halifax Bridging
How much can I get?
You can borrow 60% of your home’s valuation. For example, if your house is worth £250,000, you can get £ 150,000.