Can I Get a Mortgage If I Have Had a CCJ?
You often hear the question asked; can I get a mortgage if I have had a CCJ?
The Bad Credit Mortgage Centre is always pleased to explain positively to any one that asks, if I have had a CCJ placed on my record can I get a mortgage, that yes, indeed they can!
Subject to the number of Count Court Judgement’s, the date of the ccj’s and the total value of the ccj’s. The secret is knowing where to look to get a mortgage if you have had a CCJ. Most high street lenders are very conservative and draconian in their attitude to lending.
High street lenders have a fixed set of criteria the follow for lending mortgages. If they can’t tick every box, they’ll simply decline your application – even if you are able to make the monthly payments!
Fortunately, there are a variety of specialist lenders who take a different approach to prospective clients who tell them I have had a CCJ against my name.
These lenders look at your specific circumstances individually, and make a decision as to whether or not you can afford the mortgage regardless of any CCJs, or other credit issues you may have had.
They understand that a CCJ might just be the consequence of an unlucky month off work through sickness or redundancy which through no fault of your own. Having a CCJ on your credit record does not necessarily make you a seriously bad credit risk.
We recommend you take action as soon as you in the current financial climate, so why not give us call now?…
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