If you have had a county court judgement or a number of
judgements registered against you in the past you could find yourself rejected
by many of the mortgage lenders on the high street because you present too
much of a lending risk to them.
A CCJ is a judgement for debt, which remains on your credit file for six years
regardless of whether it is cleared (paid the debt) or not.
Having a CCJ is far more common than you may think. Each
year in approximately 1 million CCJs are registered in England and Wales. It
can happen all too easily, sometimes they are issued without you even being
aware of it. A difficult divorce, unemployment, or perhaps a large bill
that you simply couldn't afford to pay. Others may have omitted to pay a
utility bill or some other small amount due to an oversight.
If you paid the debt off (called satisfying the CCJ) at least a year ago, it
should be marked satisfied on your credit record and this improves your
credit rating meaning you should have a greater choice of mortgage options.
If you paid it off more recently or if the CCJ is still unpaid, we can still
help you secure a mortgage through a specialist sub
prime lender.
We'll find the best mortgage or
remortgage deal for
you even if you have CCJs against your name.
As an independent mortgage adviser we have access to a number of lenders in
the UK who will offer a mortgage to people with a CCJ or CCJs. Simply complete
our no obligation enquiry
form and one of our expert mortgage advisers will get back to you with
the options currently available.
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Arrears
