Can We Get a Mortgage With CCJ?
Many first time buyers and people looking to remortgage their home often ask, can we get a mortgage with CCJ? And it’s getting asked more often with the credit crunch taking hold of the economy. So let’s deal with the query; if you have an unsatisfied County Court Judgement (CCJ) will you be able to get a mortgage?
First however, just what efffect does having County Court Judgement or CCJ (as it’s more commonly referred to), have on you getting mortgage? First you need to check what type of CCJ is it? It can be either satisfied or unsatisfied and having either one will not necessarily prevent you from getting a mortgage.
The Bad Credit Mortgage Centre helps people in this predicament. Their mortgage brokers witll search for the best deal from the many lenders still in the market prepared to lend to people with just one or even multiple CCJs expecially unsatisfied County Court Judgements. As you can appreciate the mortgage rate offered will be dependant on the size of the CCJ(s) and the how old the CCJ is and the number of CCJ’s
If you have unsatisfied CCJs it stands to reason that the number of lenders prepared to offer you a mortgage diminishes. However, it’s still perfectly viable to secure a mortgage for you to achieve your goal to either to buy a new home or to remortgage your existing property - possibly to repay existing debt, by consolidating them in to one affordable remortgage payment.
Additionaly, its good to know many lenders will ignore satisfied CCJs for less than £250. Whilst some will ignore satisfied CCJs completely, especially those that are a number of years old.
We recommend you take action as soon as you in the current financial climate, so why not give us call now?…
About the Author: 
