Bad Credit Mortgages
Bad Credit Mortgages & Remortgages
Bad Credit mortgages & remortgages are for you if you are unable to take a standard mortgage with a high street lender due to credit problems.
We have the Bad Credit mortgage & remortgage experts who can help you find a Bad Credit mortgage that’s right for you. Our Bad Credit mortgage advice comes from over 15 years of experience in placing difficult mortgages and is free of charge.
What’s more is that there is no need to worry, many other people in the UK are in your situation
because they do not fit standard mortgage lending criteria.
We help many people out of this seemingly helpless situation, by arranging an adverse credit mortgage (sometimes known as a non-conforming mortgage, bad credit mortgage or sub prime mortgage) until they are back on track.
So what is meant by sub prime or non-conforming?
‘sub prime’ borrowers fit a wide range of categories: you may have a bad credit history, mortgage arrears, CCJ’s. Because of these factors, you do not fit the ‘normal’ criteria. Consequently a mortgage lender may consider you a higher risk than a ‘normal’ mortgage borrower. All of this means the interest rate could be higher.
The overall cost for comparison is 5.5% APR. The actual rate available will depend upon your circumstances. Please ask for a personalised mortgage illustration. Rate correct as of 17/12/2009
Will I always need a sub prime mortgage?
It doesn't sound much help, does it – a higher rate mortgage, when perhaps you are already in a tight spot financially? But it’s worth noting that the higher rates attached to sub prime mortgages or non-conforming mortgages need not always necessarily be the case for you.
Bear in mind that once you have had a sub prime mortgage or adverse credit mortgage for three years and have managed to meet the repayments on this each month, you will have written yourself a new credit history. At this point we will contact you and help you obtain a new mainstream mortgage free of charge.
Where can I get sub prime mortgage/remortgage or bad credit mortgage advice?
Contact us today using the simple form on the left and we will source the most appropriate and cheapest Bad Credit Mortgage provider for you.
Remember we can help whatever the circumstances of your bad credit rating, including (but not limited to)mortgages & remortgages for :
- Mortgages & Remortgages for Mortgage secured loan and rent arrears
- Mortgages & Remortgages for County Court Judgments (CCJ's)
- Mortgages & Remortgages for Defaults
- Mortgages & Remortgage for unlimited areas and adverse credit
- Mortgages & Remortgage for Individual Voluntary Arrangements (IVA)
- Mortgages & Remortgages for Discharged bankrupt
- Mortgages & Remortgages for Repossession
- Mortgages & Remortgages for Self-employed with no accounts
Bad Credit mortgages/ccj mortgages/mortgage areas mortgages.
The overall cost for comparison is 5.5% APR. The actual rate available will depend upon your circumstances. Please ask for a personalised mortgage illustration. Rate correct as of 17/12/2009
Self Cert mortgages
The overall cost for comparison is 7.3% APR. The actual rate available will depend upon your circumstances. Please ask for a personalised mortgage illustration. Rate correct as of 17/12/2009
You may also be interested in:
- Personal credit Report
- Citizens Advice guide to debt
- To fix or not to fix
- Best CCJ Mortgage
- Best Arrears Mortgage
- Mortgage Information
- Mortgage Budget Planer
- What is a Self Cert mortgage
Bad Credit Mortgages
Bad Credit Mortgages can be complicated, we hope that you find the information on bad credit mortgages on this site useful. If you feel that there areas of the mortgage market not covered in this site that you would like to see please let us know your thoughts contact us.
Thank you for visiting Go Direct Bad Credit Mortgages, mortgages made simple.
REPAYMENTS ON YOUR MORTGAGE
Think carefully before securing other debts against your home, your home may be repossessed if you do not keep up repayments on your mortgage.
Go Direct.co.uk is a trading style for website purposes of Go Direct UK Ltd. Go Financial Services is a trading style of Go Direct UK Ltd which is an appointed representative of Personal Touch Financial Services Ltd which is authorised and regulated by the Financial Services Authority Registered in England & Wales Company 5703224.
We normally do not charge a fee for mortgage advice, however a fee paying option is available. Our typical fee would be £500