Archive for August, 2008
Bad Credit Mortgages and the Free Money Advice Scheme
As bad credit mortgages, 100% mortgages together with self cert mortgages have become a regular news topic following the financial liquidity crisis sparked by the sub prime crisis in America, this has further fuelled the need for a free money advice scheme according to finance experts.
In fact Consumer Groups have long called for free money [...]
Bad Credit Mortgages Holders Could Benefit from Debt Management Advice
Bad Credit Mortgages Holders Could Benefit from Debt Management Advice
From the moment the bad credit mortgages bombshell exploded onto the world stage from the USA towards the end of 2007, the world’s financial markets have been in turmoil.
The result has been that sub prime mortgages or bad credit mortgages as they’re best known in the [...]
Bad Credit Self Cert Mortgages and Self Certification Adverse Mortgages
Bad credit self cert mortgages for the UK’s self employed individuals or people with no proof of income has increased in popularity at the same time as lenders have pulled thousands of products due to the ‘credit crunch’
As it’s been widely reported that around 14% of UK citizens are self employed, you can imagine the [...]
London Will Lead House Price Recovery - But Not Until 2012 by The Bad Credit Mortgage Centre
The Bad Credit Mortgage Centre reports house prices in London and the South East are likely to take 8 years to recover from the current property credit crunch downturn according to Savills, a leading estate agent.
The main reason for the severe downturn has been the withdrawal of credit for mortgages, especially the lack of adverse [...]
London House Prices In Free Fall - What Now For the UK Mortgages & Bad Credit Mortgage Market?
What now for the mortgage and bad credit mortgage market with prices of homes in London and all over the UK falling faster in August than ever before?
Figures released by the online estate agents Rightmove state that new vendors i.e home sellers, are putting their homes on the market 2.3% lower than in the previous [...]
Bad Credit Mortgage Demand Increases As London Tops The Consumer Bad Debt Table
Consumer bad debt continues to increase in the South East and in London City in particular. Bad credit mortgage figures aren’t even included in the statistics as they’re based solely on unsecured debt, according to a recent survey.
The largest indebted districts are the City of London with average consumer borrowing of £41,002! This is followed [...]
Bad Credit Mortgage Centre London News Update: ‘Should we wait for a better fixed-rate bad credit mortgage deal?’
‘…We need a bad credit mortgage deals ‘cos we’ve got a poor credit record but want to know if we should wait for better fixed rate?’ asks B. Williams by email from North London.
Well, there’s no simple answer to the question as further problems hover over the housing market leaving bad credit borrowers feeling gloomer [...]
Latest Bad Credit Mortgage Guide On How To Remortgage with Adverse Credit
Lenders offering a bad credit mortgage for people with an adverse credit history are now few and far between. Mortgage offers for people with credit problems such as CCJ, IVA, credit card defaults, mortgage arrears or a discharged bankrupt are scarce. People with a poor credit score a bad credit rating are likely to find [...]
How To Stop Repossession With a Bad Credit Mortgage UK and London
Facing repossession due to bad credit problems? Get help from The Bad Credit Mortgage Centre now on how to get a bad credit mortgage product. Do it now as bad credit mortgages are becoming scarcer than hen’s teeth!
You don’t need us to tell you how having a bad credit record affects your risk as perceived [...]
Huge Rise In Repossessions – Need For Bad Credit Arrears and CCJ Mortgages
Existing bad credit mortgages and an increase in mortgage arrears have resulted in the huge rise in repossessions to 18,900 in the first half of 2008.
The vast increase in cases of lenders repossessing property is very worrying. This figure is significantly higher than 13,400 in the second half of 2007 and extremely higher than the [...]