MORTGAGE FINDER is a specialist Financial Services Marketing Company with over 30 years experience in the UK Mortgage and Financial Services Industry.
MORTGAGE FINDER in association with those who support the whole of mortgage market products and independent financial advice is committed to providing quality value for money services for different financial needs.
In order to deliver the very best possible service MORTGAGE FINDER is only associated with quality product providers and services that are fully REGULATED and fully qualified advisers. Services are available nationwide throughout the UK.
MORTGAGE FINDER through our associate company ~ Corporate Choice can provide a wide range of financial services and specialise in the UK whole of market mortgage products. Funding, purchasing , rental and letting services of property abroad can be provided by Property Networks International. Please see the extensive range of foreign properties available at the Property Networks International web site. www.pniproperty.com
Sound support assisting with the daily needs for information that enables you to make an informed decision is available so please either phone us or just use the ENQUIRY FORM below and see how we may be able to help without any obligation.
Products and services are available throughout the UK and where defined in other areas of the World as well. There are therefore no boundary restrictions except those, which may be imposed at times by the product providers themselves or the location of the property however our range of UK and International Property services will always endeavour to find a suitable solution for your mortgage and financial needs.
MORTGAGE FINDER and Property Networks International are therefore committed to ensuring that the process of finding different products and services for different needs are properly employed, where every enquiry is treated individually, so please feel free to make contact by either using the brief Mortgage Finder ENQUIRY FORM below and CALL BACK form or just Phone MORTGAGE FINDER on ~ 0845 056 4398 and PROPERTY NETWORKS INTERNATIONAL on 0845 057 3586 or use the CALL BACK form and really see the difference for yourself.
Do you need to apply for an Adverse Credit Mortgage?
Adverse credit mortgages are for people who have an adverse credit history.An adverse credit history could include:
- County Court Judgements (CCJ's)
- Mortgage or rent arrears
- Self employed - Although you can apply for a self certificate mortgage
- Decrees (Scotland)
- Bankruptcy
- I.V.A
- Trust deeds
Lenders may even turn you down if you have changed address many times or if you are an entrepreneur without 3 years worth of audited accounts. Self-employed borrowers may have to apply for a mortgage via specialist lenders but may also apply for what is termed self-certificate mortgages, meaning they declare their earnings without having to provide evidence of a set guaranteed salary.
It is estimated that one in four British people would not qualify for a standard mortgage from a high street lender. (Source: Council of Mortgage Lenders: - 2004) This means they require specialist lenders in order to acquire a mortgage.
Demand for adverse credit mortgages has risen and so too has the number of lenders catering for this need in the UK today with some mainstream lenders who now will consider lending to people with an adverse credit history.
Pro's and con's of an adverse credit mortgage
Lending money is all about risk. A Lender will weigh up the risk factor of lending money to an individual and decide whether they are likely to get their money back with interest without too much bother. Some lenders will simply not lend to high-risk category borrowers, others will and adjust their interest rates accordingly. This means you may have to pay higher interest rates on your mortgage. On the positive side you get a home to live in that belongs to you, and if you repay you mortgage back as required by the lender, after three years your credit history will have benefited considerably.
Climbing the ladder to owning your own home bad debt free
This means that after three years you could remortgage (switch mortgage lenders) to a high street lender and enjoy massive savings on discount interest rates. It's all about climbing the ladder from adverse credit history and no property at the bottom to positive credit history and ownership of property at the top. We specialise in adverse credit mortgages and remortgages and you can contact us here for free with no obligation to complete the deal. Just either give us a call on
0845 056 4398 or use the brief ENQUIRY FORM and see how we can help you.
