All Entries in the "Advice" Category
Does Not Having a Credit Rating Effect Whether or Not You Get a Mortgage?
The question does not having a credit rating effect whether or not you get a mortgage can be answered with a simple, YES!
When applying for a mortgage it’s standard procedure for all lenders to check your credit rating.
They usually use one of the two major credit reference agencies, Experian or Equifax. Both of these agencies [...]
Need a Mortgage for Bad Credit?
If you need a mortgage but have bad credit you can still buy a home or remortgage your existing home.
Although the situation is very dificult at present due to the financial meltdown following the credit crunch, there’s still lenders able to help but they’re becoming few and far between.
Due to the current financial climate you [...]
Help Getting Remortgage?
Anyone needing help getting a remortgage usually require expert help because they have a bad credit record and therfore need a bad credit remortgage or if they’re a first time buyer looking for their fisrt home then they willl need a bad credit mortgage.
More and more people are finding that because of the credit crunch [...]
What Will Stop You Getting A Mortgage?
What may stop you getting a mortgage is a bad credit report.
If you’ve never seen your credit report, you need to do so as soon as possible.
Your credit report is the key to having the loans, credit cards and mortgages you need. Your credit report contains all of your personal financial data.
Credit Reports detail your [...]
I Have Bad Credit Will I Get a Mortgage?
We’re often asked; I have bad credit but will I be able to get a mortgage?
At The Bad Credit Mortgage Centre we understand the issues some people experience with money difficulties when it comes to the crux, of getting a competitive mortgage deal.
If you’ve got a bad credit history due to factors like a ccj [...]
I Want to Change Mortgage Lender But Credit Rating is Poor!
So the question is; I want to change mortgage lender but credit rating is poor, what can I do?
We’re all aware that our modern life is based on our ability to borrow finance. However there is significant matter that has to be taken in to consideration before any of this can take place. The [...]
Got Bad Credit and Want A Mortgage or Remortgage?
If you’ve got bad credit then your options are limited to getting a bad credit mortgage or bad credit remortgage. A bad credit mortgage deal if offered to those people who for whatever reason has acquired a bad credit rating or bad credit score.
This may have occurred for reasons too numerous to mention. But suffice [...]
SVR Interest Rate?
The first question is just what is the SVR interest rate? Well essentially the SVR is the interest rate paid by borrowers who do not have a special deal with a lender, such as a two-year fixed mortgage.
Normally, when the SVR is reduced or increased by the Bank of England the high street lenders follow [...]
Can You Get a Mortgage if You Own 2 Properties?
If you’re in the fortunate position of owning 2 properties already it’s likely one of the properties is your residential home and the second is likely to be either a holiday home or a buy to let property.
However it could be that you took out a let to buy mortgage on your original residential home [...]
Getting a Mortgage and The Electoral Roll
A bad credit record mortgage is not only for people with bad debts, though this is a foremost use for the product. It’s also useful for individuals with little or no credit history, which may put a stop to them from having access to prime or mainstream high street mortgages.
There are numerous reasons why a [...]
