Archive for September, 2008
Is it Good News Mortgage and Bad Credit Mortgage Lending Steadies in July?
On the surface it appears the mortgage and bad credit mortgage market improved in July as figures steadied and were the same as June with 47,000 new mortgage loans being completed by homeowners and new home buyers.
However, on the downside this figure is still 51% down on the same figures for the same period last [...]
UK House Prices Fall 10% Will Impact Availability of London Bad Credit Mortgages
London bad credit mortgages will be more difficult to attain as UK house prices fall by 10.9% since last August, as reported by the Halifax.
In August alone house prices fell by 1.8% which now means the average price of a UK home is now less than £174,000, resulting in the average cost of a UK [...]
The Mistakes to Avoid When Choosing a Bad Credit Mortgage UK Lender Deal
Choosing a bad credit or adverse remortgage lender in the UK is fraught with dangers. It’s very important for all prospective bad credit borrowers to be absolutely clear and up front with regard to all their adverse credit matters.
Being completely honest and transparent about your adverse credit history will enable the specialist sub prime lenders [...]
Missed Mortgage Payments and Bad Credit Mortgages
Missed mortgage payments are increasingly common, with in excess of 500,000 homeowners in the UK failing to make their monthly mortgage payments in the last six months.
This situation seriously jeopardises the possibility of people with a bad credit history getting a bad credit remortgages as lenders criteria is getting tougher by the day.
Nowadays it’s virtually [...]
