• Mortgage Leads
• Loans Leads
• Financial Service Leads

Adverse Purchase Leads | Poor & Bad Credit Mortgage Leads

Typically a customer will apply for an adverse purchase mortgage, also known as a bad credit mortgage, if he or she has had financial problems that may damage their chances of getting a conventional mortgage deal.

Factors putting someone in the adverse purchase mortgage category include a poor credit rating, missed rent or credit card payments, bankruptcies and county court judgements (CCJs).

However, being the victim of identity theft could also unfairly flag a customer as having adverse credit and reduce their chances of getting a mortgage.

Borrowers with adverse credit will normally find it difficult to secure a competitive mortgage deal though a high street lender.

As a general rule of thumb, interest rates on adverse purchase mortgages tend to be higher than typical mortgage deals to reflect the potential increase risk to the lender. Adverse credit mortgage rates tend to increase to reflect the extent of the adverse credit.

FinanceLeadsOnline.co.uk receives high levels of adverse purchase leads generated by parent company BeatThatQuote.com which are then available for brokers to purchase.

Brokers have two options to buy adverse purchase leads - a fixed price or a bidding system. The fixed price system enables brokers to pre-determine the volume of adverse purchase mortgage leads they require and the price they are willing to pay for those leads.

Alternatively, brokers can use a bidding system to specify the maximum they are willing to pay for a adverse purchase mortgage lead according to the postcode area, providing the potential to pay less subject to other bids for the same leads.

FinanceLeadsOnline.co.uk frequently releases data via its news pages informing brokers of which regions are generating high volumes of leads.

Leads for adverse purchase mortgages are delivered in real-time and brokers receive lead exclusivity.