Bad Credit Mortgage Case Studies
Light Adverse Credit History
A couple, who were first-time buyers with a 10% deposit, needed 4 times their joint income. One of them had a CCJ (County court judgment) of £250 recorded to due issues with a mobile phone contract in Aug 2006 and also had late payments on their credit cards. They were rejected by traditional high street lenders Halifax, Natwest and Woolwich. They required a mortgage of 90% of a purchase price of £200,000, Click n go Mortgages were able to secure a mortgage with Future mortgage Ltd.
Medium Adverse Credit History
A client required a 90% purchase as they had a CCJ and defaults of £3000 which was unsatisfied; they had two missed mortgage payment in the last 12 months and one missed payments on their unsecured credit in the last six months. At the time they were with C&G who declined their application for their new home. Fortunately Click n go Mortgages were able to arrange a mortgage with BM Solutions.
Heavy Adverse Credit History
Our clients wanted to remortgage to consolidate all their outstanding unsecured credit commitments into on manageable payment. Although they had ongoing mortgage arrears, and had only recently been discharged from bankruptcy. Click n go Mortgages were able to secure a remortgage with GMAC without the requirement to supply evidence of income due to the nature of their self employment.
Apply now for a Bad Credit Mortgage and Click n go Mortgages will find you the best deals on the market.
About Bad Credit Mortgages »
Bad Credit Mortgage Hints & Tips
Below we have put together a Bad Credit Mortgage guide with resources
and information on getting a Bad Credit Mortgage and improve your
credit rating.
Bad Credit Mortgage Guide
Bad Credit Mortgage FAQs
Bad Credit Mortgage
Resources
Bad Credit Mortgages - Why Use Us
Bad Credit Mortgages
Case Studies
Bad
Credit - What they know about you
10 ways
to improve your credit rating
Check your
credit files
Bad Credit Remortgage
Bad
Credit Mortgages in the press
Bad Credit Mortgage News
Did you know an estimated one in four Britons would be turned down
by a mainstream mortgage lender?
Bad Credit Mortgage or Adverse Credit Mortgages is ideal if you
have a poor credit record. You might have difficulty getting a mortgage
from the high street. Click n go Mortgages have access to specialist
bad credit mortgage lenders.
We know which lenders are best geared up to meet the needs of adverse
credit mortgage borrowers. Our mortgage calculator can quickly work
out how much you could save by remortgaging with Click n go Mortgages.
18/03/08
Comments
Bad credit mortgages holders seek debt management advice
Ever since the bad credit mortgages fiasco that blew in from America the back end of last year, the world's economy has been in turmoil. Bad credit mortgages or sub prime mortgages as there more commonly known in the states have been headline news.
12/03/08
Comments
Which bad credit mortgage is for me?
You first need to know what your credit rating is. Armed with this information you stand a better chance of ensuring you get the best bad credit mortgage. It's a mine field out there, knowledge is power. 1 in 4 people have a bad credit mortgage.
03/03/08
Comments
Free money advice scheme
For a long time there have been calls for free advice funded by levies from companies regulated by the Financial Services Authority. More so now with Bad credit mortgages and 100% mortgages being a regular topic in the news due to the current changes in the world economy.
07/02/08
Comments
Bank Cuts rates to 5.25%
Bank of England has cut rates in an attempt to keep the economy moving. The US Federal Reserve has recently cut rates from 4.25% to 3%. Anyone looking to remortgage can expect to get a better deal especially some one with a bad credit mortgage.
28/01/08
Comments
Missed mortgage payments
Almost half a million UK homeowners have failed to meet a monthly mortgage repayment in the last six months. This is going to be a huge problem for the next couple of years for anyone who has a poor credit mortgage deal, or has risked taking on a low rate mortgage and will now be facing a mortgage rate hike.









