Near Prime mortgages
Many lenders demand a perfect credit score, which can make life difficult when you need a mortgage
What is a Near Prime mortgage?
Many lenders demand a perfect credit score, which can make life difficult when you need a mortgage.
A Near Prime mortgage is designed to help you get a mortgage when your credit is less-than-perfect. Many lenders would automatically categorise this as bad credit, which could stop you from being approved.
Our Near Prime mortgages may be able to meet your needs if you’ve struggled to secure a mortgage with a traditional lender. We might be able to support you even if you’ve experienced financial difficulties — CCJs, missed payments, defaults, for example — but are returning to a better financial position.
We offer Near Prime products alongside our wider mortgage range to ensure we’re helping as many people as possible to move, buy or remortgage.
How to apply for a Near Prime mortgage
Atom Near Prime mortgages for new customers are currently only available through independent brokers. This ensures you get advice on the very best mortgage deal for you, even if it’s not with us. Use the find a broker tool below to get started.
If you’re already an Atom mortgage customer and want to get advice about the best options for you, you can talk to the mortgage broker you worked with last time or find a new broker using our find a broker tool below.
You can also complete a direct product switch with us (subject to eligibility) if you’re happy to proceed without taking broker advice. We’ll get in touch when this option is available to you.
Find a broker
You can use the search tool below to find a broker who works with Atom.
Mortgages with a CCJ
Getting a mortgage with a CCJ (county court judgement) on your credit record is possible with our Near Prime mortgages, as long as it meets our lending criteria.
We will accept a maximum of four CCJs in the last three years as long as they were issued over 12 months ago and are either satisfied in full or have a total combined unsatisfied value of £1,000 or less.
Mortgages with a default
Near Prime mortgages are still available even if you have defaults. We will accept a maximum of four defaults, as long as they were issued over 12 months ago, and three or more haven’t occurred in the last 24 months. These defaults must also either be satisfied in full or have a total combined unsatisfied value of £1,000 or less.
Any defaults from over 36 months ago are not counted as part of the maximum of four, but they cannot have a current value of more than £1,000 when combined with any other outstanding defaults.
Mortgages with an IVA
In many instances we can accept an IVA on your credit record as long as it meets our lending criteria.
Any IVA or bankruptcy must have been discharged over six years ago if you wish to apply for a Near Prime mortgage with us. Get in touch with one of our brokers if you'd like to understand your options.
Near Prime mortgage FAQs
Got a question about our Near Prime mortgages? Have a read of our FAQs below or get in touch with us.