Trouble Finding A Mortgage Because Of CCJ`s? First Choice Have Multiple CCJ Mortgage Lenders. We Have Helped Many UK Clients Buy, Move Or Remortgage. New And Older CCJ`s Considered & All Quotes Free.
Competitive Mortgage Lenders Who Accept CCJ`s
Multiple & Recent County Court Judgement Mortgages
Buy A Property Or Remortgage Your Home With A CCJ
Can You Get A Mortgage With A CCJ? Yes - Many Of Our Clients Have Obtained A Mortgage Or Remortgage With CCJ`s As Well As Other Credit Problems. Free Confidential Quotes - Get The Facts & Figures Then Choose.
If you have received a county court judgment in the last 6 years (CCJ) then you may find it more difficult to take out a mortgage or remortgage - with some lenders not willing to lend to you. However at First Choice Finance we have numerous lenders who understand that in some circumstances a CCJ should not stop you having access to mortgages, with lenders available offering competitive mortgages, remortgages and second mortgages for people with CCJ`s.
Please call for free on 0800 2983000 or dial 0333 003 1505 (mobile friendly) & your no obligation enquiry will be handled confidentially by our own UK qualified mortgage advisers who will work through our extensive panel of mortgage lenders to find an affordable plan to fit your individual circumstances.
First Choice Finance is a specialist in arranging more complex mortgages - sorting mortgages for clients with one or more CCJ`s for over 25 years. Perhaps you are considering second mortgages or a new mortgage and have past credit problems - we may be able to help. Some of our customers who already have a house who wish to remortgage have been able to obtain the money they require despite CCJ`s via our mortgage lenders panel.
Our friendly and helpful staff will aim to find you the most competitive mortgage for you from our wide lender range, even if you have some adverse credit history, CCJ`s or other financial problems.
We have a wide selection of mortgages and loans at realistic competitive rates and our lenders may well compete to win your business, to try and help you get on the property ladder or get your remortgage, even if you have been previously turned down for a mortgage.
It will only take a few minutes of your time to complete the on line enquiry form and it may get your dreams in motion - P.S. there`s no obligation on your part and all quotes are free.
We Offer Mortgages For People With The Following Backgrounds:
County Court Judgements (CCJs) And Defaults.
Incurred Credit Card Or Personal Loan Arrears / Missed Payments.
Mortgages - for the Self-employed, or Employed people who have a large element of commission, or two or more jobs.
Second Mortgage, Bad Credit Mortgage & Adverse Credit Mortgages.
If you are looking for a mortgage but have a CCJ you could still get a mortgage but may end up with a larger mortgage rate, you are able to use our mortgage calculator to try different mortgage rates to calculate what your mortgage payments may be, but for a full illustration it is best to contact us to discuss your needs and requirements and we can give you a detailed review of the cost of any mortgage you may be eligible for.
Here at First Choice Finance we specialise in mortgages and remortgages for people with a credit impaired history, and especially those who have experienced county court judgments. Recently more and more people are remortgaging and switching their mortgage. Some of the benefits include:
Lower and discounted interest rates
Reduced monthly repayments
Releasing equity in a property to buy a new car, pay for a child’s education, home improvements et cetera
First Choice Finance help borrowers who wish to take advantage of these benefits, but are held back by their less than perfect credit history. The forms are free to complete and do not imply any obligation on you whatsoeverto proceed with any mortgage quote.
Mortgages With CCJ`s
CCJ`s can have a major impact on your mortgage options, but the age of the CCJ and there status will vary reduce the impact, after 6 years the CCJ will be removed from your credit profile. Even if you have received a CCJ within the last year we may still have lenders and plans suitable for your needs and requirements.
Dealing With Unsatisfied CCJ`s
CCJ stands for county court judgement, this is when an unpaid debt is registered with the local county court. If once the CCJ has been registered you pay the debt within 30 days that judgement will not appear on the credit register, if after 30 days the debt has been registered then it will remain on your credit profile for six years even if you pay the debt. If during the six years you do pay the outstanding debt the CCJ will be marked as satisfied which will help when looking for a loan or a mortgage, although it will result adversely on your credit score.
It is very difficult to remove a CCJ from your credit rating, even if it has been added by mistake. To get the CCJ removed you will need to contact the company that issued the CCJ alternatively you could try contacting the different credit agencies.
Contact us at First Choice Finance and see if we can help you with your mortgage needs.
What Lenders Accept CCJ`s
Many lenders in our panel of lenders have mortgage plans available for people with CCJ`s as well as other impared credit issues. Impaired credit is another term for adverse credit, and means that the owner of an impaired credit history may experience difficulty finding a mortgage or remortgage.
Impaired credit can be caused by a number of different factors, such as:
Late or missed payments on a credit card or loan
Rent or mortgage arrears
Previously being declared bankrupt
Or just a late payment on a gas bill that seemed unimportant at the time.
We specialise in arranging mortgages and remortgages for borrowers with impaired credit. If you are experiencing difficulty attaining a mortgage, whatever the reason, then we can help. Simply complete one of our online forms.
Incurring a County Court Judgement (CCJ) against you will be recorded on your credit record and may be somewhat troublesome if you need to take out finance such as a homeowner loan or mortgage, but if you come to First Choice Finance for help, you could still have a range of loans and mortgages available to you.
You can pick up a CCJ if you fail to pay back something you owe, be it a loan, credit card, rent or anything else where you`re expected to pay for services rendered, such as building work. The application is made against you by the person or business that thinks you owe them money.
If you`re able to pay back the amount in full within two weeks of getting the judgement, you may not get a ccj on your record or if you do at least it should show as satisfied, meaning you have paid it off.
If you appeal the order and the court decides against you and you end up with a CCJ, this can impact on your future ability to obtain credit for many years, especially if it`s for hundreds or even thousands of pounds.
However, because First Choice Finance has plenty of experience and has access to specialist lenders for both secured loans, mortgages and guarantor loans, we will still try to help you find a loan or mortgage if you need one.
Discover more about how a CCJ needn`t be a complete hindrance when it comes to getting a loan or mortgage by visiting firstchoicefinance.co.uk or by giving us a call, from a mobile it`s 0333 003 1505 or from a landline it`s 0800 298 3000.
Ways To Resolve County Court Judgement Credit Issues
Secured and unsecured lenders use your credit profile to help them decide whether to lend money to you or not. Many of them have a score system to help their automated decision processes either decline, accept or refer you for credit. By `refer` it means that someone will need to dig further into your application to come to a final finance decision. The issue with CCJ`s is that they all have quite a large negative impact on the scoring systems and in some cases are just seen as an outright decline - particularly if left unsatisfied. That is where you can start to make a real difference to your credit worthiness.
A ccj will stay on your credit report history for up to 6 years but it will state on the report whether it is satisfied or not. So if you have incurred a county court judgement recently or even a few years ago it may well be worthwhile approaching the other party and make payments either in instalments or all in one go to make reparations with them. Once you have settled the judgement then the record will be amended on your credit profile and you will have taken a significant step forward in enhancing your credit worthiness. The same trend tends to apply for defaults too, so if you have some defaults creditors such as credit cards or store cards make an approach to them and offer a settlement amount. It may not even be for the full balance outstanding and the previous credit provider may accept a lower amount. If this is the case you should make sure it is in a `full and final settlement` for the debt or debts in question thereby you will have written proof that you settled the debt. This can then be provided to credit reference agencies to correct your credit bureau data if you find that the search results do not update automatically. Having some bad credit may well impact on your ability to get some of the mortgages out there but there is some help here to establish How much mortgage you can get.
THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. Security is required on
Established In 1988. Company Registration Number 2316399. Authorised & Regulated By The Financial Conduct Authority (FCA). Firm Reference Number 302981. Mortgages & Homeowner Secured Loans Are Secured On Your Home
First Choice Finance is a trading style of First Choice Funding Limited of The Old Courtyard, 103 Buxton Road, High Lane, Stockport, Cheshire. SK6 8DX. Copyright protected 2014-2018.
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