Bad Credit Mortgage
Best Adverse Credit MortgageBad Credit Mortgages
Bad credit mortgages (Adverse credit mortgages or sub prime mortgages)
Bad Credit Mortgage schemes are available If you are unable to take a standard mortgage with a high street lender
due to credit problems. We have the bad credit mortgage 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 bad credit mortgages and is free of charge.
There is no need to worry, because there is help
to be found, , many 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.
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 or bad credit mortgage advice?
Contact us today and we will source the most appropriate and cheapest bad credit mortgage or remortgage for you. Bad Credit Mortgage Advice
The overall cost for comparison is 8.8% APR. The actual rate available will depend upon your circumstances. Please ask for a personalised illustration. Rate correct as of 07/06/08
You may also be interested in:
- Mortgage Protection Insurance
- Best CCJ Mortgage
- Best Mortgage Arrears Mortgage
- Personal Credit Check
- Types of Mortgage
- Online House Price Comparison
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
