All Entries Tagged With: "mortgage arrears"
Bad Credit Mortgage Lender - Platform’s bad debt causes Britannia profits to dip 40%
The bad credit mortgage lender’s or sub prime market sector witnessed a new victim today as Platform, the well known bad credit mortgage specialist intermediary lender incurred loss’s resulting in its parent company Britannia Building Society posting a profit shortfall of 40% in the first six months of 2008.
Britannia Building Society is UK’s second largest [...]
Mortgages For People With Bad Credit
Mortgages for people with bad credit rating are getting rarer and rarer. This is causing a pretty desperate situation in the market place especially as it’s estimated that as many as one in five people in Britain don’t meet the general high street lending criteria. As a result getting mortgages for people with bad credit [...]
How Can I Get a Mortgage if My Credit Score is Poor?
If you’ve undertaken a credit check with a credit reference agency and discovered your credit score is poor you’re probable wondering how can I get a mortgage?
Well once you’ve found that your credit score is poor and is stopping you getting a mortgage then luckily you’ve landed in the right place.
The bad credit mortgage centre [...]
Mortgage Arrears? Repossession? Bankruptcy?
We all appreciate having a roof over your head is one of life’s basic needs and whenever there’s a threat that this will be taken away, it’s not surprising many people panic, get incredible stressed and worried and consumed with fear.
They don’t know what to do or haven’t a clue where to turn and the [...]
Repossession Arrears - What Can You Do?
When you’ve missed any mortgage repayments, or paid less than you’re contracted to do so each month, then you’re essentially in arrears.
If the situation with your mortgage arrears continues, the lender will still want commitment from you to clear the arrears as soon as possible. If you do not manage to pay off the mortgage [...]
Arrears Bad Credit Mortgages? Mortgage Arrears explained…
If you’re in the unfortunate position of having missed one or more monthly mortgage repayments, your mortgage account instantly goes into arrears.
That is until you make the appropriate payment to bring your account back up to date.
However, if you continue to miss the mortgage repayments, your mortgage lender ultimately has the power to legally repossess [...]
